Sunday, 28 June 2020

NZD/USD Consolidation Generates Drop in Net-Short Interest

The range bound price action in NZD/USD appears to be generating profit-taking behavior as the IG Client Sentiment report reveals a drop in net-short interest.

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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...