Sunday, 16 September 2018

Emerging Market Gains Dwarfed by Trump Tariff Push, USD/PHP at Risk

The recovery in emerging markets and most Southeast Asian currencies could be dwarfed as Trump pushed ahead with tariff threats. USD PHP could thus continue being pressured higher.
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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...