Wednesday, 24 June 2020

Euro at the Mercy of US-EU Trade Tensions Again. US Dollar to Rise?

The Euro may find itself again surrendering to the US Dollar as renewed EU-US trade tensions threaten to imperil European growth prospects at a time of unprecedented vulnerability.

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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...