Chair FOMC Powell states that additional policy measures are needed

Federal Reserve Jerome Powell said Wednesday that the coronavirus crisis was causing long-term concern.

At an event hosted by the Peterson Institute for International Economics, Powell said in a prepared statement, “additional policy measures may be needed to avoid sustained damage to the economy.” It was

The market is now volatile, especially in the US dollar.

This is a quick swap of positions.

Currently, only buying USDJPY.

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