Wednesday, 18 May 2022

Japanese Yen Soars, Dow Jones Bear Market Rally Unwinds. ASX 200, Nikkei 225 at Risk

The Japanese Yen soared as the Dow Jones cratered on Wall Street as the bear market rally unwound. More pain may be ahead in Asia, leaving the ASX 200 and Nikkei 225 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...