Wednesday, 28 August 2019

US Dollar May Rise if US GDP Data Reinforces Recession Fears

The US Dollar may rise if US GDP data undershoots forecasts and reinforces growing recession fears, driving demand for liquidity and haven assets.


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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...