Thursday, 1 November 2018

EURUSD Bounces at 1.1300 but Sterling and Aussie Dollar Rallies More Potent

The Dollar took a nasty dive that held the 1.1300 swing low in EURUSD and was the worst hit for the currency on an equally-weighted basis since March 2017. Will the NFPs and trade balance change its fortunes?


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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...