Wednesday, 18 August 2021

US Dollar Surrenders Gains Despite FOMC Minutes Taper Talk

The US Dollar is peeling back from session highs as bears fade strength despite the latest FOMC minutes hinting that Fed officials might decide to taper asset purchases before year-end.

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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...