Friday, 8 May 2020

US Dollar Eyes Jobs Data, NIRP and US-China Trade Cheer Weigh

The US Dollar eyes what promises to be abysmal jobs data, courtesy of Covid-19 having dropped amid bets on negative interest rates and cooling US-China trade tensions.

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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...