Saturday, 8 August 2020

Yen May Rise as Nasdaq 100 Falls on US-China Tensions, Fiscal Woes

The anti-risk Japanese Yen may rise versus currencies like the AUD and NZD on US-China tensions and fiscal stimulus woes which sank the Nasdaq 100 at the end of last week.

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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...