USD bulls were left feeling somewhat deflated following this week's Fed policy decision as the FOMC delivered a hike but with little change to the projections and a cautious tone from Chair Yellen, notes Bank of America Merrill Lynch Research. Read More →

TD Research notes that after the removal of the event risk this week which has offered a relief rally to EUR and other European currencies, the next risk event will be the G20.

In that regard, TD Read More →

Danske Bank Research now expects that EUR/USD is close to forming a base after some of the bearish factors start to fade.

On the USD side, Danske notes that the argument for a short-term move lower in EUR/USD driven Read More →

USD weakness persisted and the US Dollar index (DXY) measuring the strength of the USD against a basket of major currencies slipped by around 1.5% over the past two days. The DXY is currently trading at 100.25 compared to the Read More →