Sunday, 4 November 2018

Fed Rate Hike Bets, US China Trade Deal Doubts May Sink AUD/USD

Market mood deteriorated as near decade high US wage growth and US China trade deal skepticism sent S&P 500 lower. Asia Pacific stocks may tumble next, boosting Yen, hurting AUD/USD.


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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...