Monday, 9 September 2019

Dollar Starts Week with Strong Bullish Gap but Limited Hope for Trend Now

We entered the new trading week with a drift higher in the S&P 500 as a baseline for sentiment while the Dollar surged with a gap that held no immediate follow through. Full attention is on flimsy sentiment and an ECB decision.


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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...