Friday, 15 May 2020

US Dollar Forecast: Fed Says No to NIRP, China Tension Flares

Following a recent consolidation in the DXY Index, US Dollar price outlook grows more upbeat as Fed Chair Powell dismisses negative interest rate policy and US-China trade tension spurs USD demand.

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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...