Wednesday, 13 May 2020

US Dollar, VIX Index Pop as S&P 500 Price Plummets Post-Powell

Fed Chair Powell echoed opposition to negative interest rates and highlighted the lasting damage faced by the global economy due to the coronavirus, which boosted the US Dollar and VIX Index but pu...

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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...