Friday, 21 February 2020

US Dollar Drops on Weak PMI Data, Coronavirus Hits Confidence

The US Dollardr opped this morning as PMI figures crossed the wires. The US business and services sectors dropped sharply in February, according to Markit Economic.

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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...