Thursday, 18 July 2019

Dollar Tumbles as 50bp Fed Cut Baked In But Beware EURUSD, AUDUSD Trades

Trade wars and growth forecasts continued to form an uneven path for the markets, but speculative drive seems to have taken a significant tug in attention. A surge in expected Fed cut forecasts has stirred both Dollar and general risk.


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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...