Tuesday, 12 May 2020

US Dollar May Rise on Fed Speak as Global Virus Cases Top 4 Million

The US Dollar may rise if commentary from Fed central bank presidents James Bullard, Neel Kashkari and Patrick Harker spook markets as globally-confirmed Covid-19 cases swell past 4 million.

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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...