Friday, 19 October 2018

US Dollar Softens at Resistance as Dow, S&P Attempt to Stabilize

The US Dollar posed a support to resistance run in the middle of this week, but that topside move is softening after prices encountered a big resistance level.

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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...