So much for a quiet start to the new trading week after a weekend to reevaluate. Risk aversion was shifting through the gears Monday with an accelerated US equity retreat. But that move has nothing on the drop from EURUSD and crude oil.
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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference
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The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....
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