Thursday, 23 January 2020

Japanese Yen, New Zealand Dollar Gain as Euro Depreciates Post ECB

The anti-risk Japanese Yen gained as fears of the coronavirus spread. The Euro depreciated as the ECB further pushed back tightening prospects. NZD/USD gained on New Zealand CPI data.

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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...