Sunday, 14 May 2023

US Dollar Leaps with Treasury Yields as Debt Ceiling Takes Centre Stage. Lower EUR/USD?

The US Dollar made strong headway to round out last week with Treasury yields moving north but the debt ceiling lingers as a potential driver of market sentiment. Will the USD rally continue?

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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...