Sunday, 27 October 2019

Weekly US Dollar Forecast: October Fed Meeting, September US Jobs Report in Focus

Rates markets are discounting a 90% chance of a 25-bps rate cut this week at the October Fed meeting. Meanwhile, the September US jobs report looks like it will be weak.

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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...