Tuesday, 25 July 2023

US Dollar Scenarios Ahead of Fed Rate Decision: EUR/USD, GBP/USD, USD/JPY Price Setups

The US dollar has rebounded slightly against its peers ahead of the key US Federal Reserve interest rate decision later Wednesday. What are the potential scenarios for EUR/USD, GBP/USD, and USD/JPY?

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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...