Friday, 22 May 2020

US Dollar Boosted, S&P 500 Threatened by Renewed China Tension

The US Dollar rebounds while the S&P 500 Index gives back gains as market sentiment shows signs of deteriorating due to a re-escalation in trade uncertainty and tension with China.

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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...