Daily Market Review: EUR Accelerates its Downtrend, BoJ Defends its Ultra-Loose Policy
Channel: JFD Brokers
Date: 2022-04-28

Daily Market Review by Charalambos Pissouros

The US #dollar continued to strengthen against all the other major currencies yesterday and today in Asia, with the Japanese yen and the euro being the main losers. The euro accelerated its downtrend after #Russia decided to halt its gas supplies to Bulgaria and Poland, a move that increased concerns with regards to the performance of the European economy. The #yen came under selling interest after the BoJ defended its yield curve control policy, putting at rest speculation over hawkish tweaks. 

Register for Weekly Market Outlook webinar: 
https://bit.ly/3y6yiGX

Invest responsibly. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.82% of the retail investor accounts lose money when trading CFDs with JFD. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Seek independent advice if necessary before opening an account. 

Trading CFDs may be subject to local restrictions in your jurisdiction.
 
JFD does not provide investment advice or investment recommendations. Any opinions, news, research, analysis, prices, or other information or any other material provided by JFD or associated companies or employees is provided as general market commentary, and does not constitute investment advice or a solicitation as it does not take into account your personal circumstances, please do not trade or invest based solely on this information. By viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general information provided. You must be aware of the risks and be willing to accept them in order to invest. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. Past performance of any trading system or methodology is not necessarily indicative of future results. There are sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading strategy and/or investment product. For the avoidance of any doubt, JFD or its employees, do not hold themselves out as trading advisors. Given this representation, all information and material provided by JFD and any associated companies, or employees, is for educational purposes only and should not be considered specific investment advice. The client should take the risk that the undertaken trades in specific financial instruments may be or become conditional on tax and/or any other duty and the company does not guarantee that there will be no outstanding tax and/or any other stamp duty incurred. The client should be accountable for any taxes and/or any other duty which may accumulate in respect of the executed trades.
https://www.jfdbrokers.com/en/legal/risk...

Follow us to stay up-to-date: 

LinkedIn - https://www.linkedin.com/company/jfd-...
 
Facebook – https://www.facebook.com/JFDGroupLtd/...

Twitter - https://twitter.com/JFD_Group

Telegram - https://t.me/jfdbank_en