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Fed walks the dovish line, but markets want more

Fed commits to rock bottom rates for years, reaffirms ‘whatever it takes’ stance. Dollar drops initially and stocks jump, but moves reverse as Powell doesn’t commit to yield curve control. Markets in risk-averse mood overall Thursday, worrisome US virus numbers not helping. Today: Eurogroup meeting on recovery fund and US jobless claims.Risk Warning: 73.57% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high ...

Broadcast on:
11 Jun 2020

Fed commits to rock bottom rates for years, reaffirms ‘whatever it takes’ stance. Dollar drops initially and stocks jump, but moves reverse as Powell doesn’t commit to yield curve control. Markets in risk-averse mood overall Thursday, worrisome US virus numbers not helping. Today: Eurogroup meeting on recovery fund and US jobless claims.

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