Thursday, 18 May 2023

US Dollar Eyeing Best 2-Week Performance Since September, Eyes on Resistance

The US Dollar is eyeing its best 2-week period since September after debt ceiling deal bets and rosy jobless claims data added fuel to DXY’s rally. What are key levels to watch?

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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...