Thursday, 8 August 2019

EUR/USD Whipsaws as Germany Mulls U-Turn on Fiscal Stimulus - US Market Open

Euro retraces losses as Germany consider U-turn on fiscal stimulus. Beware of potential Italian snap elections. AUD outperforms as China set firmer than expected Yuan fix.


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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...