Sunday, 26 January 2020

USD May Rise as IDR, SGD and PHP Fall on Coronavirus Fears and Fed

The US Dollar may rise with USD/IDR, USD/SGD, USD/PHP and USD/MYR as coronavirus contagion fears hurt emerging markets. The Fed and its repo operations will be closely watched.

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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...