Wednesday, 20 May 2020

VIX Index Spikes Lower as Risk Appetite Crushes Volatility

VIX Index drops to its 200-day exponential moving average as the S&P 500 rallies relentlessly while trader sentiment remains unfazed by skepticism surrounding a possible coronavirus vaccine.

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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...