BOJ’s Kuroda: We have not run out of policy tools 0 (0)

BOJ governor, Haruhiko Kuroda, with some remarks
– Won’t hesitate to ease further if necessary
– BOJ is open-minded, flexible
– Closely monitoring the impact of the coronavirus
The usual stuff by Kuroda but as much as he wants to boast about their policy toolkit, there isn’t much else they can do to restore faith about achieving a 2%

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Heads up: ECB president Lagarde due to speak later today 0 (0)

Lagarde will be participating in a virtual event hosted by the IMF
She will be speaking as part of the IMF’s ‚Governor Talk‘ series, where she will be discussing about the post-pandemic landscape and challenges for policymakers in Europe. The event is scheduled for 1100 GMT later today.

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MUFG trade of the week: Sell EUR/AUD 0 (0)

Trade idea from Mitsubishi UFJ
MUFG recommends selling EUR/AUD with a target of 1.5900 and a stop at 1.6700. The pair closed the week at 1.6333.
„We are recommending a short EUR/USD trade idea to reflect in part the recent divergence in the spread of COVID-19 which will have implications for relative economic performance going forward,“ analysts

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Forexlive Americas FX news wrap: Oh Canada! Canada employment number surprise 0 (0)

Forex 
news for North American trading on October 9, 2020.
Oh Canada!  The US
employment data was released last Friday, so Canada had all the
attention to itself today when they released their jobs report for the
month of September. The numbers did not disappoint. The net
change in employment rose by 378.2K vs. expectations of
150K.  Most of the job gains were in full-time employment with a
gain of 334K (vs. 205.8 K last

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