Sunday, 23 February 2020

Japanese Yen, XAU/USD Surge as Stocks Plunge on COVID-19 Risks

The Japanese Yen and gold prices spiked at the expense of cycle-sensitive assets like the New Zealand Dollar and S&P 500 futures as news about the spread of the coronavirus paralyzed risk appetite.

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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...