Tuesday, 25 June 2019

US Dollar Forecast Undercut by US-China Trade War, Fed Rate Outlook

The US Dollar has been dragged lower by skyrocketing Fed rate cut odds: markets are now pricing in a 97% chance of two 25-bps rate cut in 2019 and a 75% chance of three rate cuts this year.


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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...