Tuesday, 19 May 2020

Dow Jones Index Aims Higher Following Fed Chair Powell, Secretary Mnuchin Testimony

The Dow Jones index is pushing modestly higher following testimony from Fed Chair Powell, and Treasury Secretary Mnuchin to the Senate Banking Committee regarding the CARES Act

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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...