Sunday, 30 April 2023

US Dollar’s Direction Hinges on Fed’s Policy Outlook, US Labor Market Data

The Fed's policy decision at its May meeting and the April nonfarm payrolls report will steal the spotlight next week and will be key in determining the direction of the U.S. dollar going forward.

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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...