Sunday, 2 February 2020

Yen, Euro and Pound Rose, AUD/USD May Fall as February Starts

The Japanese Yen, British Pound and Euro soared against the US Dollar as coronavirus fears sunk the S&P 500 and fueled Fed rate cut bets. Ahead, the Australian Dollar may weaken.

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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...