Friday, 9 August 2019

USD/CNH: Watch Chinese Yuan, PBoC for US-China Trade War Gauge

Spot USDCNH price action could serve as a bellwether to where risk assets head next as markets remain on edge with US-China trade tensions heightened and looming risk of further escalation.


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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...