Thursday, 26 December 2019

SGD Faces Tough Road Ahead as Singapore Output Contrasts PMIs

The worst Singapore industrial production since 2010 contrasted with the improving outlook in global PMIs on US-China trade deal bets. That may come back to bite the Singapore Dollar.

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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...