Thursday, 29 November 2018

Global Market Rally Needs Dovish Fed and Positive US-China Trade War Upadate

Yesterday, Fed Chair Powell had echoed similar commentary to Vice Chair Clarida, stating that policy rate is “just below” broad range of estimates for the neutral rate. Eyes are now for developments at the G20 summit.


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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...