Sunday, 4 November 2018

Hawkish Fed After US Midterms a Risk for PHP, IDR, MYR and SGD

Ebbing US China trade war fears led stocks up as US Dollar fell, benefiting ASEAN currencies. Fed is on course to raise rates after US midterms, placing PHP, IDR, MYR and SGD at risk.


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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...