Friday, 21 September 2018

CNH, HKD Prepared for FOMC with PBOC’s Bills, Pending on Escalated Trade War

China’s Central Banks launched a new measure to support the Yuan and the Hong Kong Dollar ahead of Fed’s meeting. At the same time, concerns on the US-China trade war continue to pile up.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...