Monday, 18 May 2020

EUR/USD Rips Higher as 500bln Euro Recovery Fund Gives EU Hope

EUR/USD price action explodes higher as the Euro surges in response to a joint proposal from French and German leaders Macron and Merkel offering a 500 billion coronavirus recovery fund to EU count...

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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...