Wednesday, 15 April 2020

S&P 500 Sinks on Earnings as Oil Price Flops, US Dollar Jumps

The S&P 500 Index takes a spill as coronavirus-battered earnings and plunging oil prices spook investors, but the US Dollar climbs higher owing to the return of risk aversion and safe-haven flows.

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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...