Wednesday, 30 January 2019

Relatively Dovish Fed Catches US Dollar Off Guard, China PMI Next

An increasingly cautious and relatively dovish Fed sunk the US Dollar and bolstered the S&P 500 and Dow Jones. Softer Chinese Manufacturing PMI leaves AUD/USD, Asia stocks at risk.


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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...