Thursday, 1 August 2019

US Dollar Rises on Non-Committal Fed, GBP & EUR Extends Losses - US Market Open

The US Dollar has continued to extend on its Fed induced gains. GBP dips below 1.21, while BoE fails to spark volatility. Eurozone PMIs provide a reminder that ECB stimulus is needed.


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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...