Thursday, 14 November 2019

Powell, Fed Officials Highlight US Economy, Debt & Repo Strains

A litany of FOMC speakers took to the podium today led by Fed Chair Powell who spoke before congress for the second day. Highlighted was the strain in repo markets and unsustainable debt levels.

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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...