Wednesday, 20 September 2023

US Dollar Gets a Boost from Optimistic Fed; EUR/USD, GBP/USD, AUD/USD

Higher for longer US interest rates coupled with the outperformance of the US economy are keeping the uptrend in global USD intact. What’s next for EUR/USD, GBP/USD, and AUD/USD?

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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...