Tuesday, 20 September 2022

US Dollar Strength to Pressure Asia-Pacific Markets Ahead of Fed Decision

The US Dollar rose during New York trading as traders brace for the FOMC rate decision. That, along with expected rate hikes later this week from the SNB and BoE, will likely weigh on market sentiment.

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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...