Sunday, 7 November 2021

Weekly Fundamental US Dollar Forecast: What’s Next for USD After Fed Meeting, NFP?

The US Dollar (via the DXY Index) hit a fresh yearly high by the end of the week, but the outlook moving forward is a bit more complicated than it appears on the surface.

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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...