Tuesday, 17 September 2019

US Dollar Funding Pressure May Spark Fed Action - US Market Open

US Dollar Shortage? Funding pressure sees repo rates soar, which may prompt the Fed to act. Euro holds steady on ZEW data. SEK drops as rising unemployment provides raises concerns for the Riksbank.

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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...