Friday, 12 October 2018

Global Equities Corrected, Will the USD Follow?

Crowded USD long positioning facing the strain from Trump’s persistent criticism of the Fed, while the recent sell-off in equity markets has also been met with USD selling.


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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...