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4 May 2023

EUR/USD to test key resistance at 1.1120/1.1200 in the near-term – TDS

Economists at TD Securities are biased to further EUR/USD upside.

Lurch higher may be dependent on the interplay between the ECB and NFP

“A lurch higher in the EUR/USD pair may be dependent on the interplay between the ECB and US NFP. All told, we think the ECB has some leeway to credibly sound more hawkish, which means there may be more fluidity around the terminal rate.”

“1.1120/1.1200 is the key resistance area, and we think it is likely we test this near-term.”

 

May 4, 2023

USD/CAD recovers few pips from daily low amid modest USD uptick, lacks follow-through

The USD/CAD pair bounces off the 1.3580 area for the second successive day on Thursday, albeit struggles to capitalize on the move and remains depress
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May 4, 2023

When is the European Central Bank (ECB) rate decision and how could it affect EUR/USD?

The European Central Bank (ECB) is scheduled to announce its monetary policy decision this Thursday, May 5, at 12:15 GMT, which will be followed by th
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