Friday, 31 May 2019

EURUSD Regains Some Strength, Bond Yields Signal a Recession

The EURUSD has pushed past the 1.1140 resistance line but traders will be eyeing German CPI and US PCE Core figures to strengthen their position. Worries about a recession have pushed long-term government yields around the world to the lowest level in years.


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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...