It’s a bit unsure whether emergency policy actions by major central banks are calming the markets, or inducing fears. Fed, RBNZ and BoJ surprise the markets by unscheduled announcements today, with measures to counter the impact of coronavirus pandemic. Fed cut interest rate by -1.00% to 0-0.25%, with restart of QE. RBNZ cut -0.75% to […]
The post Stocks in Panic after Fed, RBNZ and BoJ Emergency Actions, No End to Risk Aversion Yet appeared first on Action Forex.
