Tuesday, 23 August 2022

USD/CNH Cools After Hitting Fresh 2022 High as Markets Await Fed Talk

The Chinese Yuan fell to its lowest level against the US Dollar since August 2020 as China's economic woes compete against a tightening Fed.

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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...