Friday, 21 September 2018

US Dollar May Resume Rising Trend After FOMC Rate Decision

Recent US Dollar weakness looks like tactical position management, not a change of overall direction. The rising trend may resume after the FOMC rate decision.

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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...