Thursday, 16 April 2020

US Dollar Sinks, Dow Jones Up on Virus Drug Trial, Trump Reopen Plan

The US Dollar and Japanese Yen are falling as Dow Jones and S&P 500 futures rally on reports of Gilead’s virus drug trial and Donald Trump’s economy reopening guidelines.

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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...