Sunday, 12 April 2020

Japanese Yen Outlook Bright on IMF World Outlook, Covid-19 Risks

The Japanese Yen may rise if the IMF’s report on the virus-hit global economy sours risk appetite, and the precarious state of credit markets could amplify JPY’s gains.

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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...