Sunday, 16 February 2020

Japanese Yen Holds On Despite Huge 4Q GDP Plunge

The Japanese Yen was perhaps surprisingly steady in the face of very weak domestic growth data. Its composure is perhaps explained by the likely lack of any change to BoJ policy.

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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...