Monday, 8 April 2019

EUR/USD Gains Undermined by EU-US Trade War Fears, Yen May Gain

Overnight EUR/USD gains were undermined after the USTR proposed levying tariffs on European products, fueling concerns about US-EU trade wars. Ahead, the anti-risk Japanese Yen may rally.


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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...