Tuesday, 24 March 2020

US Dollar May Fall if S&P 500 Rises on Short Bets, USD/CAD Eyes Support

The US Dollar may be at risk as trader positioning warns that the S&P 500 could rise as markets look forward to fiscal stimulus. USD/CAD could rise if key support holds down the road.

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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...