Wednesday, 30 January 2019

Dollar Drops and S&P 500 Rallies on Dovish Fed, Euro’s Turn on GDP

The Fed decision proved a worthy fundamental spark for the Dollar and risk trends (like the S&P 500). The jury is still out on trends however. Ahead, it is the Euro’s turn to lead the docket with 4Q GDP figures.


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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...