Sunday, 14 October 2018

Brexit, Italy Bets Sink GBP/USD, Reversal Due? Asia Stocks to Rise

The US Dollar started benefiting as a reserve currency as Brexit and Italy bets undermined the Euro and British Pound. GBP/USD may reverse lower as Asia stocks could rally.

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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...