Tuesday, 3 March 2020

Japanese Yen Outlook: USD/JPY May Fall Despite Fed Emergency Cut

The Japanese Yen rose and stocks fell despite an emergency Fed 50-bp cut as the Canadian Dollar sank with crude oil. The USD/JPY technical outlook is biased lower with AUD/USD at risk.

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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...