USD Could Rise if Sentiment Information Spurs Demand for Havens

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USD Could Rise if Sentiment Information Spurs Demand for Havens

US DOLLAR, EUR/USD, EURO, ECB, ASSET PURCHASE PROGRAM, CORONAVIRUS – Speaking FactorsUS Dollar could acquire on danger aversion,


US DOLLAR, EUR/USD, EURO, ECB, ASSET PURCHASE PROGRAM, CORONAVIRUS – Speaking Factors

  • US Dollar could acquire on danger aversion, liquidity demand if sentiment knowledge underwhelms
  • European Central Financial institution holds rates of interest, gives 120b Euro stimulus to Eurozone
  • EUR/USD ripe for a draw back breakout because the pair retreats from 12-month resistance

ASIA-PACIFIC RECAP: STOCK MARKS SELLOFF DEEPENS

Early into Asia’s Friday buying and selling session, the growth-oriented Australian and New Zealand {Dollars} held their floor regardless of US fairness futures pointing to a continuation of a broad risk-off tilt in market temper. This bitter sentiment was amplified after information broke that US jets struck key areas in Iraq the place Iran-backed militia Kata’ib Hezbollah have been reportedly positioned. This might result in an escalation in US-Iran tensions after a rocky begin to the yr.

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Mar 16

( 03:03 GMT )

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