Sunday, 4 November 2018

Yuan, Aussie Dollar Suffer as Chinese October PMI Underwhelms

The offshore Chinese Yuan weakened against the US Dollar after the release of disappointing October PMI services and composite figures, possibly showing the impact of trade wars.


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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...