Monday, 22 July 2019

Pound Awaits New PM, Euro the ECB and Dollar a Distant Fed Decision

On the one hand, there is event risk on the horizon that qualifies as possible inducement of ‘severe volatility’: ECB decision, US GDP, ECB, etc. Then there is current reality of the narrowest EURUSD daily range in a year-and-a-half.


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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...