Forex Trading Video: ECB Offers Little Guidance but EUR/USD Still Climbs, Yuan Surges

Talking Points:

• US President Trump has reportedly started negotiations to repeal the US debt ceiling and in turn may remove a persistant risk
• The ECB held policy and kept all options open with a QE decision suggested in October, which led both Euro and DAX to rally
• PBOC officials seemingly unperturbed by exchange rate volatility as the Yuan has posted its biggest 2 week rally in 33 years

See how retail traders are positioning in the FX majors, indices, gold and oil intraday using the DailyFX speculative positioning data on the sentiment page. (https://www.dailyfx.com/sentiment?ref-author=Kicklighter)



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