Wednesday, 7 October 2020

US Rates Bear Steepening as Markets Price in US Election Biden Sweep

Sizeable bear steepening in recent sessions indicates that markets are pricing in a blue wave.

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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...