Wednesday, 20 November 2019

US Dollar Clings onto Gains as FOMC Minutes Highlight Firm Fed

Juxtaposed between the waning prospect of future FOMC rate cuts, the Fed's ballooning balance sheet and ongoing US-China trade uncertainty, US Dollar volatility looks ready to awaken from its slumber.

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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...