Monday, 8 October 2018

EURUSD Remains Under Selling Pressure as Italian Bond Yields Jump

EURUSD continues to trade wither side of 1.1500 and is set to make the next move lower, as Italian bond yields hit fresh multi-year highs while the US dollar keeps pushing ahead.

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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...