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4 May 2020

Japanese Panel recommends state of emergency extension to May 31

Reuters is out with the latest headlines, citing that Japan’s Panel has recommended extending the state of emergency to May 31.

At a press conference later in the day, Prime Minister (PM) Abe is expected to confirm the extension announcement.

Earlier today, NHK reported that PM Abe is seen extending the country’s state of emergency on Monday until the end of May.

USD/JPY weighed down by risk-off

USD/JPY trades at 106.72, having hit a daily low at 106.67 on a risk-aversion wave after tensions spiced up between the US and China on the trade front.

  • US Sec. of State Pompeo: China has not been forthright on the coronavirus outbreak
  • Pompeo's anti-China bluff strategy reveals all-or-nothing mentality to fool US voters – GT
May 4, 2020

USD/IDR Price News: Indonesian rupiah eases from seven-week top as risk aversion dominates Asia

With the US-China tussle portraying risk-off sentiment, USD/IDR takes a U-turn from a multi-day low of 14,678 to 15,125, up over 1.40% on a day, amid
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May 4, 2020

Gold Price Analysis: Yellow metal charts pennant pattern

Gold has carved out a narrowing price range or a pennant pattern on the daily chart, which comprises of trendlines connecting lower highs and higher l
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