Friday, 7 September 2018

Trade Wars to Save Exhausted USD from Correction Lower

USD rise exhausted with Fed tightening priced in, NFP could have limited USD positive effect, unless wage growth sees notable uptick. Trade wars reduces scope for USD weakness for now.


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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...