Monday, 14 October 2019

USD/CNH: Yuan Rallies on US-China Trade Deal Hopes – Will it Last?

The Chinese Yuan could be at risk of reversing its latest rally on hopes of a trade war breakthrough if the recent ceasefire fails to soon materialize into a formal agreement.

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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...