Saturday, 29 February 2020

US Dollar Outlook Bullish as COVID-19 Spurs Haven Demand

The US Dollar may rally despite the downward pressure of increasing Fed rate cut bets as the coronavirus resurrects haven demand amid growing fear of a recession.

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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...