EURUSD is unlikely to get any real support from today’s ZEW release while the upcoming FOMC rate cut is already baked into the price. Lower for longer looks more likely.
from DailyFX - Market News https://ift.tt/30bugA9
via IFTTT
Subscribe to:
Post Comments (Atom)
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...
-
Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
-
Gold managed to trade higher on Tuesday, maintaining its bullish run ahead of key US growth and PCE inflation data. Subdued gold volatility ...
No comments:
Post a Comment