Thursday, 6 December 2018

US Dollar Price Action Needs NFP Confirmation, Huawei Hammers Risk

The US dollar basket (DXY) pushes back above trendline support despite lower nominal US yields and short-dated UST yield inversions. US-China tensions ramp up after Huawei CFO arrested.


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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...