Wednesday, 28 August 2019

No Dollar Assurances in Treasury Downplaying Intervention, Absorbing Headlines for Later

Trade wars threaten to escalate to new territory as the US government references exchange rate intervention – suggesting it is net yet ready to go that route. Meantime, key themes are churning but liquidity is obscuring.


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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...