Foreign Exchange

FX Quick Notes: Equity Bear Markets Usually Boost the JPY, CHF

March 16, 2020

The volatility in the global financial system remains elevated. Central bank policy actions appear to have mitigated—to some extent—the continued increase in USD funding pressures we noted last week that might keep the USD better supported. However, the general undertone for risk assets remains weak and that usually means a better support for the JPY. 

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