NZDJPY Breakdown (31 March 2020)

Title : NZDJPY Breakdown (March 31, 2020)

Broker : Tickmill

Description : NZDJPY Daily Outlook – On Monday China’s central bank unexpectedly cut the rate on reverse repurchase agreements by 20 basis points, the largest in nearly five years… Oil prices crashed to an 18-year low, the Swiss economic indicator plunged to the lowest level in 5 years, and Japan compiled its “boldest-ever” stimulus package including cash handouts to struggling households to cope with the coronavirus economic impact.

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