Sunday, 23 February 2020

USD May Rise as SGD, MYR and IDR Nervously Face Capital Outflow Risks

The US Dollar rose as the Singapore Dollar, Malaysian Ringgit, Indonesian Rupiah and Philippine Peso fell. Emerging market capital outflows and the Fed’s repos are a key risk to the latter.

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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...