Tuesday, 28 May 2019

US Dollar Gains on Rising US Recession Fears Which May Boost Yen

The US Dollar rose on risk aversion which may lead to gains in the Japanese Yen next as US recessionary fears rose. Meanwhile, the New Zealand Dollar looks to RBNZ commentary.


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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...