Sunday, 5 January 2020

Dollar May Rise Versus SGD, PHP as US-Iran Spat Risks Capital Flight

The US Dollar outlook is bullish versus the Singapore Dollar, Philippine Peso, Indonesian Rupiah and Malaysian Ringgit as US-Iran tensions and soft data risk fueling capital flight.

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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...