Tuesday, 6 August 2019

Doubt that S&P 500 Dip Buying, Monitor Both USDCNH and VIX Closely

Risk aversion has hit a speed gap and speculative appetite has rushed in to take advantage. As broad as the bounce may be, traders should not get too confident in the pressures building across the spectrum.


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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...