Friday, 12 November 2021

US Consumer Confidence Drops to Lowest Level in a Decade, Pulling Dollar From Highs

The headline print is the lowest level in a decade with the UofM reporting that higher inflation was weighing on Americans.

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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...