Monday, 5 August 2019

Dow and Dollar Tumble as China Let’s Yuan Dive, Escalation Inevitable

Trade wars are escalating and risk trends are suffering. With US-based indices taking a tumble, the seemingly unflappable complacency looks at-risk of collapse. Yet, my true concern is the crack in sanctity of the Dollar.


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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...