Expectations for the Federal Reserve to cut interest rates have pushed US yields lower and the greenback dropped sharply. EUR-USD is benefiting from this USD weakness. However, this may come back to hit the pair, in the opinion of Yohay Elam from FXStreet. Key quotes “Christine Lagarde, president of the ECB, has been reluctant to

Reuters conveyed the key US bank lobby economist’s blog post while stating that the investors battered by the breathtaking drop in global stock markets on coronavirus fears are ever more convinced the world’s big central banks, including the Federal Reserve, will soon step in to try to quell the storm. Key quotes Against that, the