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Forex News

USD/JPY trades in red below 108 after G7 statement

G7 voices readiness to take actions to counter coronavirus impact. 10-year US Treasury bond yield is down more than 3%. Wall Street looks to open mixed on Tuesday. The USD/JPY pair dropped to a fresh daily low...

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Forex News

When is the RBA’s Lowe’s speech, monetary policy statement and how could they affect AUD/USD?

The Reserve Bank of Australia (RBA) Governor Philip Lowe will testify before the House of Representatives’ Standing Committee on Economics at 22:30 GMT on Thursday, early Friday for Asia. The event will be foll...

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Forex News

USD/JPY falls to fresh lows, correcting on WHO statement

USD/JPY fell in a risk-off environment, the trigger was the coronavirus. There was little merit for USD/JPY to be on the 110 handle, and 109.20s have now been marked.  USD/JPY has tumbled to print fresh lows s...