Monday, 17 September 2018

Fresh US-China Trade Wars and Brexit Concerns Start Week, But Dollar and Pound Stoic

The top reserve status of the US Dollar is not permanent. Trade worries may pressure this, as the Trump administration announced new tariffs on $200b of Chinese goods.

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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...