Tuesday, 18 October 2022

Asia-Pacific Markets Look Higher After Dow Jones Gains as Chinese Yuan Underperforms

The Chinese Yuan weakened against the US Dollar despite a pullback in the DXY Index. Asia-Pacific markets look primed to gain after the second day of Wall Street gains amid a sparse economic docket.

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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...