Thursday, 8 August 2019

S&P 500 Charges as Complacency Fights Back Trade Wars, Frustrating Trump on Dollar

Trade wars may be still smoking, but the market only deals with what is currently on fire. In the absence of fallout, speculative appetite prevails. Yet, that creates a problem for the President interested in a weaker 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...