Sunday, 5 July 2020

NZD/USD Rate Approaches June High while Net-Short Interest Jumps

NZD/USD approaches the June high (0.6585), with the appreciation in the exchange rate fueling a jump in net-short positions according to the IG Sentiment report.

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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...