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US Dollar Price Outlook in EUR/USD, GBP/USD and USD/CAD
It was a climactic day across global markets on Thursday, extending what’s become a very active week. European Parliamentary elections are currently taking place, and this morning brought the announcement that British PM Theresa May will be stepping down on June the 7th. Outside of these very key drivers, a number of price action themes availed themselves, driven in-part by the release of FOMC minutes on Wednesday. As looked at yesterday, the US Dollar rallied up to the two-year-high after the release of FOMC meeting minutes. And prices in USD did pose a topside push to establish a fresh two-year-high. But, ... (full story)