Thursday, 25 July 2019

GBPUSD May Be the Best Major to Highlight a Weak US GDP

The Dollar has considerable potential for volatility resulting from the 2Q US GDP release. However, a bullish build up on the theme, weekend liquidity, FOMC anticipation and counter-trend winds necessitate strategy.


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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...