Monday, 8 January 2024

FX Focus: DXY and GBP/USD in the Spotlight Ahead of CPI and GDP Prints

The US dollar index and particularly cable demand attention this week ahead of US inflation and UK GDP data. The greenback’s sluggish start to the week entertains bearish potential

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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...