Monday, 5 August 2019

USD Price Outlook: Yuan Gaps, Yen Rips and US Stocks Under Pressure

The US Dollar and US stocks remain under pressure following last week's tariff announcement, and the PBoC responded with a massive move of weakness in the Yuan.


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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...