Tuesday, 18 July 2023

US Dollar Dancing on Horizontal Support ahead of Fed Decision Next Week

After a sharp drop during the first half of the month, the U.S. dollar has stalled in recent days, with prices in consolidation mode around key technical support as traders await new market drivers.

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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...