Sunday, 23 June 2019

2012-High Treasury Demand Sunk S&P 500, EURUSD Broke Resistance

The S&P 500 was denied another record high as demand for 10-year US government bonds soared to a 2012-high at auction, fueling risk aversion. EURUSD rocketed through resistance on PMI data.


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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...