Sunday, 15 March 2020

US Dollar Falls After Fed Cuts Rates to Zero and Launches QE

The US Dollar fell after the Federal Reserve slashed interest rates to zero and launched a $700 billion quantitative easing (QE) program to counter the impact of the coronavirus.

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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...