Monday, 13 March 2023

US Dollar Grips on as SVB Fallout Brings US CPI into View Ahead of the Fed

The US Dollar steadied after a discombobulating first few sessions following a weekend of turmoil in US banking that may have implications for the Fed rates path ahead of US CPI today.

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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...