Tuesday, 9 July 2019

Dollar Top Volatility Risk but Trade Potential Takes Discernment

If you were simply looking for ambitious volatility in these quiet markets, you could hardly do better than USDCAD between Powell testimony and BOC. Yet, if you want activity with probability, filtering is crucial.


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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...