Wednesday, 1 January 2020

Top Trade Idea 2020: Short USD/JPY Below 6-Year Wedge

We start off this new trading year with an unmistakable speculative appetite that has pushed certain benchmarks of 'risk' - like the Dow and S&P 500 - to record highs.

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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...