Euro Surges on Dovish Fed, Capped by Debt Warnings

Mar 21,2019 23:27   Source:Earnforex
The euro is rallying against a basket of major currencies on Thursday, buoyed by a dovish Federal Reserve. The gains were capped by a new report that sounded the alarm about public debt binges that threaten the stability of the currency. On Wednesday, the US central bank left its benchmark fed funds rate in the 2.25% to 2.5% range. It also reaffirmed its dovish stance by confirming it plans to raise interest rates just once […]

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