Friday, 4 January 2019

US Dollar Pumps and Dumps, Stocks Surge as Markets Strike ’Powell Put’

After rallying earlier, the US Dollar has slumped after Fed Chair Powell implied that future rate hikes will be slower to materialize.


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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...