European Central Bank left rates unchanged today. However, the Bank announced new long-term refinancing operations in an attempt to provide the market with additional liquidity. ECB also increased size of monthly bond purchases by €120 billion through the end of 2020. The Bank said it will provide more details later. EURUSD pared daily decline on the release.
EURUSD recovered from today’s drop on ECB announcement. The pair is eyeing a break back above 1.13 handle. Source: xStation5
Daily summary: Wall Street rebounds after the sell-off 🔼 US dollar strengthens on solid NFP data, oil prices fall
BREAKING: US NFP much stronger than expected 📈 US Dollar and treasuries yields surge
EURUSD loses ground ahead of NFP
BREAKING: BoE raises interest rates by 25pbs to 4%⏰