Saturday, 8 September 2018

Dollar Best Hope to Stave Off Head-and-Shoulders Breakdown is a Euro Drop

Volatility factored in for the Dollar this past week, but a break and trend continues to elude the currency. Keep as close an eye on activity levels and participation as you do on the key levels like 1.1500 and 1.1700 from EURUSD.

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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...