Saturday, 9 May 2020

US Dollar Forecast Hinges on Dow Jones, S&P 500, Nasdaq Composite

The US Dollar remains glued to the trajectory of the Dow Jones, S&P 500 and Nasdaq Composite. As slowing virus cases result in gradual lockdown easing, the urgency for stimulus may slow.

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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...