Tuesday, 8 October 2019

Trade War Latest: China Pledges to Retaliate, USD/JPY Drops - US Market Open

Risk sentiment has deteriorated as the likelihood of a US-China interim trade deal and a Brexit deal fades. Safe-havens outperform with JPY, CHF and gold lifted.

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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...