Monday, 11 May 2020

USD/JPY Breakout May Extend, Nasdaq Composite Outpaces Dow Jones

The USD/JPY may extend its rally after the US Dollar soared in a mixed 24 hours for global equities. The tech-heavy Nasdaq Composite outpaced the Dow Jones Industrial Average.

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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...