Monday, 10 January 2022

US Dollar Solid Ahead of CPI and Fed Chair Powell Confirmation. Will USD Run Higher?

The US Dollar holds the high ground ahead of CPI and Fed Chair Powell's confirmation hearing as the market ups the ante on rate hikes. Where to for the USD?

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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...