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6 Mar 2020

Japanese Economy Minister Nishimura: Coronavirus outbreak is impacting Japanese economy

Japanese Economy Minister Yasutoshi Nishimura was out with some comments in the last hour, via Reuters, saying that the coronavirus is spreading globally and impacting the domestic economy.

Will adopt necessary economic and fiscal policies without hesitations while closely monitoring the virus impact, Nishimura added further.

The comments did little to ease the bearish pressure surrounding the USD/JPY pair, which remained heavily offered below the 106.00 round-figure mark, or over six-month lows.

Mar 6, 2020

Forex Today: Risk-off continues on coronavirus pandemic fears, US non-farm payrolls eyed

Forex today in Asia fails to repeat the pre-NFP trading lull as coronavirus (COVID-19) carnage continues to weigh on risks. Wall Street jumped back in
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Mar 6, 2020

ECB seen on hold despite recession risks doubling – Reuters Poll

According to the latest Reuters poll, the European Central Bank (ECB) is not expected to follow the Federal Reserve in cutting interest rates to softe
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