Saturday, 7 October 2023

The Range Trade is Alive and Well as Markets Ponder Central Bank Rate Strike

Range Trading Unfolds as Several Major Global Central Banks May Have Put the Cue Back in the Rack on Rate Rises.

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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...