Sunday, 9 April 2023

US Dollar Q2 Fundamental Forecast: USD Weakness to Make Headway as Fed Abandons Hawkish Pledge

The U.S. dollar is likely to have a challenging second quarter as the Fed’s tightening campaign comes to an end and markets begin to price in rate cuts for the second half of the year.

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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...