Kicking off 2020 With AUDJPY

The market’s liquidity has yet to normalize but we have noted a potential entry in the market. The brexit is one of the key events that may dominate 2020. The US trade negotiations with China may also contribute to the volatility we are expecting to see.

The US elections, scheduled for 3 November, 2020 may also affected global markets. The elections’ polls will have an impact on the market prior to the elections’ date. (see our trades and analysis for the prior US Elections)

The People’s Bank of China (PBOC) new easing measures (the required reserve ratio was cut by 50bps) contributed to the recent gains in the leading indices, which dominated today’s session. The FOMC minutes…

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