Dollar on hold for Fed, euro falls after Draghi stimulus signal

Dollar on hold for Fed, euro falls after Draghi stimulus signal

June 18, 2019

“Markets are largely keeping the powder dry ahead of tomorrow’s Fed announcement. We’re thinking that we are going to see a relatively dovish announcement, certainly acknowledging that risks have grown since the April meeting,” said Karl Schamotta, chief market strategist at Cambridge Global Payments, citing the expectation in April that a U.S.-China trade deal was near.

Read the article here: https://reut.rs/2x2Fd5M

For further information, please contact Cambridge Global Payments

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