Friday, 7 December 2018

USD Drops as NFP Report Disappoints, However, Fed Outlook Unchanged

US Nonfarm Payrolls rose by 155k in November, missing expectations of 198k expected. However, this does not change the outlook of the Fed who are expected to hike this month.


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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...