Friday, 7 September 2018

Yuan Awaits China’s Retaliation on US Tariffs, PBOC’s Guidance

Weak Chinese fundamentals and US threats on additional tariffs have the Yuan at risk; at the same time, it looks to China’s Central Bank for support.

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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...