Wednesday, 16 August 2023

Euro Vulnerable Against a Runaway US Dollar with Treasury Yields Jumping

The Euro succumbed to US Dollar ascendency along with many other currency pairs and the dynamics coming out of China might have more legs yet. Will EUR/USD continue lower?

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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...