Thursday, 11 June 2020

EUR/USD Falters as COVID-19 Cases Surge, US Stocks May Recover

EUR/USD has surrendered at key resistance as a surge in US COVID-19 cases sent risky assets spiraling downward. However, US stock futures hint sentiment may recover.

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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...