Wednesday, 13 May 2020

EUR/USD Rebound Fizzles as Fed Chairman Powell Tames Bets for NIRP

EUR/USD may trade within a more defined range in the days ahead as Federal Reserve Chairman Jerome Powell tames speculation for a negative interest rate policy (NIRP).

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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...