Monday, 8 October 2018

US Dollar, Yen Gain as Euro Risk Aversion Remains

Euro and US Dollar trends are continuing to run into a fresh week, and a light macro calendar is ahead. Yen strength has re-appeared as risk aversion remains into the fresh quarter.

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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...