Monday, 8 October 2018

DXY Index Holds Gains; Quiet Trading Expected with Bond Market Closed

The closing of European financial markets means liquidity conditions will be constrained, already so due to the bond market being closed in the US.

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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...