Tuesday, 12 February 2019

Markets Cheer US Budget Deal Hopes But Headwinds Loom Ahead

The anti-risk Yen fell while the Aussie Dollar rose with stocks on hopes for a US budget deal avoiding another government shutdown. Potent headwinds loom ahead however.


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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...