Wednesday, 1 May 2019

Short-Term Retreat in USD/SEK? USD/NOK Testing Uptrend Support

After reaching a 17-year high, USD/SEK may have a short-term retreat as USD/NOK approaches the upper bound of an upward-sloping support channel.


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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...