Sunday, 12 March 2023

US Dollar Slides as SVB Repercussions Stalled by the Fed and the Treasury Department

The US Dollar skipped lower on Monday with concerns around the impact of SVB and Signature Bank collapses lingering despite authorities taking aggressive steps to achieve stability.

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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...