Dollar receives conflicting signals
On Wednesday, the major dollar cross rates were haunted by conflicting info. At first, the dollar was supported by good US eco data. Later the dollar was sold as the market read a soft message from the Fed statement. At the end of the day, the most major cross rates were only little changed. Today, currency traders will keep an eye at the ECB and the BoE meeting. Will the US ISM provide some support for the dollar?
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