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  • Investors Unmoved by Fed’s Emergency Rate Cut, Wuhan Coronavirus Continues to Spread
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Investors Unmoved by Fed’s Emergency Rate Cut, Wuhan Coronavirus Continues to Spread

Stock Hedges 11 months ago 1 min read

The financial markets are generally steady today. Fed’s emergency -50bps rate cut provided no apparent boost to investor confidence. Instead, US stocks ended sharply lower again as traders are worried about worsening global outbreak of Wuhan coronavirus. Asian markets are mixed too. Major forex pairs and crosses are bounded inside yesterday’s range for now. Australian […]

The post Investors Unmoved by Fed’s Emergency Rate Cut, Wuhan Coronavirus Continues to Spread appeared first on Action Forex.

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