Wednesday, 11 March 2020

Yen, US Dollar Gain. Virus Pandemic Pushes Wall Street to Bear Market

The Japanese Yen soared as North American markets joined their European counterparts in entering a bear market. Is the US Dollar starting to benefit from aggressive risk aversion?

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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...