Saturday, 3 August 2019

Weekly US Dollar Forecast: Trump Tariffs Escalate US-China Trade War, Boost Fed Rate Cut Odds

Even as the Federal Reserve opted for only a 25-bps rate cut, tectonic shifts in the US-China trade war have raised expectations of another rate cut at the next policy meeting.


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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...