Thursday, 5 August 2021

US Dollar Outlook: NFP Report Set to Sway Fed Taper Timeline

The US Dollar is in the hot seat with outlook for USD price action hinging largely on the upcoming release of monthly nonfarm payrolls data and its potential to impact the Fed taper timeline.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...