Monday, 16 May 2022

US Dollar Strength has Been Blowing in the Yuan After CNY/JPY Hit Record Highs

The US Dollar roared higher recently, but it appears that the Chinese Yuan may provide clues for future moves. How will the USD/CNY impact DXY index?

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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...