Monday, 8 January 2024

US Dollar Reverses Lower Before US CPI, Setups on EUR/USD, GBP/USD, USD/JPY

This article focuses on the technical outlook for EUR/USD, GBP/USD and USD/JPY, examining major price thresholds that could act as support or resistance in the coming days ahead of U.S. inflation data.

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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...