Thursday, 17 January 2019

No News is Good News for the US Dollar; Pound Edges Higher

The US economy was starting to slow at the end of Q4’18, and the government shutdown is doing no favors for growth momentum.


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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...