Thursday, 2 March 2023

US Dollar Bounces Back Again as the Fed and ECB Map Out Rate Hikes. Higher USD?

The US Dollar skipped higher on Treasury yields gaining on solid data and the Fed re-iterating its hawkish stance while will EUR/USD dipped despite impending ECB rate hikes.

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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...