Friday, 7 September 2018

US Dollar Bounces After NFP Beat; Focus Moves to ECB, BoE

This morning's NFP report was generally strong, and a quick run of USD strength has been met with resistance. The big question is if USD bulls can finally push the Greenback higher, or whether we're at the forefront of another wave of Dollar weakness.

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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...