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
Due to Independence Day, the US stock market remained closed today. Concerns about the future of tariff negotiations led to declines in US index...
18:56US indices hit new highs yesterday. Today's lack of trading sessions is causing a slight correction in futures contracts, although it's hard to...
13:48European markets record sharp declines, as investors’ anxiety grows ahead of the looming tariff negotiation deadline. Donald Trump’s pledge...
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