Dollar: Oil leaves the Fed with no choice

The US Dollar paid no heed to the ECB’s hawkish rhetoric and continued its advance against major global currencies, including the euro. The European Central Bank left its deposit rate at 2.25%, keeping the door open to further hikes.

Dollar: Oil leaves the Fed with no choice
The US Dollar paid no heed to the ECB’s hawkish rhetoric and continued its advance against major global currencies, including the euro. The European Central Bank left its deposit rate at 2.25%, keeping the door open to further hikes.

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