Thursday, 31 October 2019

USD/JPY and AUD/USD Outlook Bearish as Trade War Fears Resurface

The Japanese Yen soared as trade war fears resurfaced and dismal US business activity sunk the S&P 500, emerging markets. Is USD/JPY topping? The Australian Dollar may depreciate.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...