Lingering disappointment that central banks merely affirmed their monetary support this week but no plans for new stimulus, kept investors wary.
Category: Features
The Bank of England said that it had been briefed on how negative rate could be implemented effectively, should it be needed.
Expectations grew that the Fed may hint at more policy action and new economic projections for the assessment of its economic outlook.
The dollar dipped and commodity-linked currencies gained as Chinese data pointed to economic recovery after coronavirus-led shutdowns.
The euro rose slightly as ECB calmed worries about the euro’s recent appreciation, giving traders motivation to take the single eurozone currency higher.