Currencies: EUR/USD Stays Off Recent Lows, But Rebound Remains Unconvincing

<p>Rates: Fed to remain accommodative for a long time The underlying tone of Fed Chair Powell’s press conference should be clear: policy will remain accommodative for a long time with growth crashing and inflation (expectations) sliding. The implication is low yields for longer. In coming weeks/months, the Fed will finetune its forward guidance, possibly tying […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/291029-currencies-eur-usd-stays-off-recent-lows-but-rebound-remains-unconvincing/">Currencies: EUR/USD Stays Off Recent Lows, But Rebound Remains Unconvincing</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>