Saturday, 5 March 2022

US Dollar Fundamental Forecast: DXY Price Depends on Euro Amid Ukraine Tensions as CPI Nears

The US Dollar hit a fresh 2022 high after escalating tensions in Ukraine sank the Euro. A USD pullback may be on the cards if cooler heads begin to prevail, which could sap haven demand.

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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...