US Dollar Rally Runs Ahead of FOMC Rate Cut, EUR/USD Bear Trap

26 July 2019 26 July 2019

BonTrade

Yesterday brought whipsaw in EUR/USD around the ECB rate decision, but it's the FOMC meeting on the calendar for next week that has global markets' attention.

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US Dollar Rally Runs Ahead of FOMC Rate Cut, EUR/USD Bear Trap

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GDP slows to 2.1% in second quarter but beats expectations thanks to strong consumer

Wall Street nears record high on upbeat earnings, GDP data