Friday, 12 May 2023

US Dollar Latest: Bullish Move Stalls at Channel Resistance

The US dollar is little changed in early trade after yesterday’s sizeable move higher, bouncing off a long-term zone of support. Levels to watch for DXY

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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...