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13 Mar 2020

US Senate delays decision on the coronavirus relief bill to next week

With no agreement on the final version of the US Federal coronavirus relief package in the house, the US senate closed for the week on Thursday evening. As a result, the key decision on President Trump’s ‘major’ economic response to the coronavirus (COVID-19) is now delayed until the next week.

FX implications

While combining with the coronavirus updates, the risk-tone seems to have renewed pressure following the news. As a result, USD/JPY drops to 104.65 from 104.85 after the announcement.

Mar 13, 2020

Coronavirus update: No coronavirus Task Force Briefing from US, Ohio health official estimates more than 100,000 cases

The latest on the coronavirus (COVID-19) updates suggest that the White House has officially turned down today’s Task Force Briefings about the pandem
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Mar 13, 2020

USD/JPY seesaws below 105.00, struggles to justify broad risk-off moves

USD/JPY carries the previous day’s lack of moves, despite broad risk-off, while taking rounds to 104.60/65 amid the initial Asian session on Friday.
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