Saturday, 2 May 2020

US Dollar May Splinter vs FX Majors as Markets Ponder Recession

The US Dollar may yield mixed results against the major currencies as financial markets ponder in earnest a deep global recession courtesy of the Covid-19 outbreak.

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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...