Thursday, 6 June 2019

Dollar Tests Year-Long Trend and S&P 500 Extends Divergence Ahead of NFPs

The Dow climbed this past session, but there is plenty of reason to question the risk appetite implications associated with the move. Meanwhile, the Greenback is eagerly anticipating May NFPs as rate forecasts collapse.


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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...