Friday, 19 October 2018

USD Strength: Is a Strong Currency Good or Bad?

Politicians like to argue a strong currency is a vote of confidence in them. Economists say ‘it depends’. For traders, what really matters is the impact on other currencies and assets.


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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...