Friday, 13 August 2021

US Dollar Pullback Accelerates as Consumer Sentiment Plunges

The US Dollar has been trading on its back foot this morning with selling pressure intensifying in the wake of a big miss on consumer sentiment data just released amid mounting delta variant concerns.

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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...