Thursday, 27 July 2023

US Dollar Weakens Ahead of ECB decision and US Q2 GDP Data

After an uneventful FOMC meeting and press conference, a popular dollar benchmark heads lower as traders eye the ECB interest rate announcement

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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...