Sunday, 14 June 2020

USD Eyeing Powell. Crude Oil, Euro Brace for Key OPEC & EU Meetings

USD, crude oil and the Euro may all be at the mercy of political risks this week from Powell’s testimonies, discussions within OPEC about supply cuts and an EU summit on an EUR750b aid package.

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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...