Monday, 16 March 2020

US Dollar Whipsaws on Fed Virus Response – USD Trade Levels

The US Dollar tumbled after another emergency Fed rate cut and QE package, but USD price action climbed notably off session lows amid the worsening coronavirus pandemic.

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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...