Wednesday, 9 January 2019

Bullish DXY on Opportunistic Drop as Potential Trade War Truce Nears

After the ‘Powell Put’ was engaged on January 4, the US Dollar weakness has accelerated having fallen 2%. There could be more downside to come, but the upside story remains.


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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...