Wednesday, 21 November 2018

S&P 500, Crude Oil Rally on Italy Budget News, Fed. JPY May Fall

Stocks, oil prices recovered on reports that the Fed may pause its tightening cycle. EU taking steps towards imposing fines on Italy were brushed off. Japanese Yen may extend losses.


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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...