Wednesday, 11 December 2019

US Dollar Steady, Stocks Tick Higher Following Fed Rate Decision

The US Dollar held steady after Fed officials expectedly held the Federal Funds rate at 1.50% to 1.75% and announced they would monitor the impact of prior policy changes on the economy.

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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...