Tuesday, 17 September 2019

EUR/USD Downtrend Held as Fed Sunk the US Dollar in Repo Operation

The US Dollar sunk as the Fed injected liquidity into financial markets ahead of today’s rate decision. Even though the Euro rose, the EUR/USD dominant downtrend remained intact.

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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...