Monday, 29 October 2018

EUR Choppy as Merkel Begins Exit, Short Term Drivers Support USD - US Market Open

A choppy session thus far for the Euro amid the latest newsflow surrounding German politics. Short term drivers in focus for the greenback with month-end rebalancing models suggesting strong buy signals.


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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...