Monday, 27 May 2019

Chinese Yuan at 7.00 Barrier: The Most Important Level for Currency Markets

As the trade war escalates between the US and China, FX markets are on the lookout as the Chinese Yuan reaches the critical 7.00 handle versus the US Dollar.


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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...