18.05. Fresh trading analysis: economic recovery, Fed's monetary policy in focus

Tuesday, May 18th, today’s news— The Fed maintains its easy monetary policy amid weak US employment data. Deputy Chairman of the US Federal Reserve System (FRS) Richard Clarida believes that the COVID-19 pandemic has become an unprecedented shock for the American economy, and the recovery of economic activity after the crisis may be uneven. The price of Brent oil is $69.75 per barrel, WTI—$66.55. EUR/USD is at 1.2203, GBP/USD—1.4192, gold is $1.870.25 per ounce. Read the daily selection of analytical reviews from Grand Capital experts to navigate the market during a time of volatility.