Wednesday, 1 January 2020

Top Trade Idea 2020: Short AUD/USD, Ranging USD/CAD

The AUD/USD rebound following the 2019 currency market flash-crash has been capped by the 200-Day SMA (0.6909), with the exchange rate staging multiple failed attempts to break/close above the movi...

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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...