Friday, 19 June 2020

US Dollar Resurgence May Continue As Fed Balance Sheet Contracts

The US Dollar may continue its recent recovery as the Federal Reserve’s balance sheet contracts $74 billion in the week ending June 17.

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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...