Fri, 05 Mar 2021 09:04:36 GMT
US Dollar surges due to the Fed
At 17:00 GMT on Thursday, the head of the US Federal Reserve Jerome Powell started a speech. During the speech he revealed that the current US monetary stimulus would remain intact. However, as the markets appeared to expect additional stimulus, the value of the US Dollar surged.
It resulted in two large red hourly EUR/USD candles, which passed all