Wednesday, 29 January 2020

Japanese Yen Rally May Extend After Fed Inspired Risk Aversion

The Japanese Yen gained as the Fed sparked declines in the S&P 500 and US Dollar as gold prices rallied. Ahead, Asia Pacific equities may follow Wall Street lower as the AUD declines.

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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...