The recovery effort from the S&P 500 and risk assets to start the week seems to have fallen apart these past two sessions. With a docket next week that includes US GDP, FAANG earnings and the ECB rate decision commitment may be hard to generate. However, volatility for the likes of USDJPY and GBPUSD is still very much possible.
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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference
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The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....
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