Thursday, 14 May 2020

US Dollar May Rise on Jobless Data as Fed Warns of Long-Term Impact

The US Dollar may rise if demand for liquidity in times of unprecedented uncertainty is amplified after US jobless data is published following Fed Chairman Jerome Powell’s warning.

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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...