Friday, 9 December 2022

US Dollar (DXY) Outlook – One Last US Data Drop Before CPI and FOMC Next Week

With traders already looking ahead to next week’s all-important CPI number and FOMC decision, today’s PPI and Michigan Confidence releases should not be disregarded.

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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...