Wednesday, 2 December 2020

Lending Facilities the Focus on Day Two of Powell, Mnuchin Testimony

Powell and Mnuchin returned to Congress to testify to the House Financial Services Committee, where the planned end of year termination of certain emergency lending facilities remained in the spotl...

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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...