Monday, 9 October 2023

Euro Holds Ground as US Dollar Faces Headwinds on a Dovish Fed. Higher EUR/USD?

The Euro is little changed today despite the US Dollar sliding after Federal Reserve speakers stoked a less hawkish path citing higher Treasury yields. Where to for EUR/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...