Thursday, 14 May 2020

US Dollar on the Rise with FX Volatility; Sentiment Souring?

The US Dollar extends higher after Fed Chair Powell pushed back on the prospect of negative interest rates, which seems to have corresponded with an uptick in volatility and downshift in risk appet...

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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...