Friday, 26 June 2020

GBP/USD, S&P 500 Stall as Coronavirus Concerns Eat at Market Sentiment

The S&P 500 stock index stalled alongside GBP/USD as coronavirus cases surged, boosting haven USD demand. Germany's DAX 30 bounced as the ECB announced a new lending facility.

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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...