The European Central Bank (ECB) is currently looking into a digital euro issuance while evaluating how it would benefit its financial system.
The European Central Bank (ECB) has launched a public consultation on a digital version of the euro while also experimenting with it.
Christine Lagarde, President of the ECB, said that a digital euro would most likely work in tandem with fiat currency, not replace it.
ECB Governing Council member Villeroy has said that the negative interest rates are an effective policy tool. How did the dovish comment impact the EURUSD?
President Trump is piling pressure on Fed chair Jerome Powell to go further - taking interest rates below zero and weakening the US Dollar.
The dollar started the week slightly higher in Europe, albeit in modest volumes depressed by public holidays in the UK and US, against a backdrop of simmering tension between the US and China. What else can traders expect? Today’s forex market outlook reveals.
EURUSD has become quite non-volatile after the price found support at 1.0770. Find out more in our EURUSD NFP Report Trading Forecast of May 8, 2020.
This week, market participants look to the monthly jobs report from the US economy. What else can traders expect? Today’s forex market outlook reveals.
Gold had a false break below $1695, & trading at the buyers’ zone. As Gold rejected the $1695 support levels and consolidating above it, it may move higher.
This week, investors will focus on key interest rate decisions from Central Banks. What else can traders expect? Today’s forex market outlook reveals.