Monday, 28 November 2022

Euro Fights Back Against a Tumultuous US Dollar Caught Between Risk and a Hawkish Fed

The Euro clawed back some gains after the US Dollar ascendency was questioned despite the Federal Reserve reminding markets of their intention. If the US dollar gets traction, will EUR/USD make a new low?

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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...