From the Floor: FX markets grope for direction after BoJ reset

Foreign-exchange markets are thirsty for a new direction amid huge uncertainties in the aftermath of the Bank of Japan's surprise interest rate cut into negative territory at the end of last week. Meanwhile WTI crude oil has come under more pressure than Brent in expectation of another build-up in US oil inventories with the data due later today.

from Ole Hansen - Authored content https://www.tradingfloor.com/posts/from-the-floor-fx-markets-grope-for-direction-after-boj-reset-7018599?utm_medium=tf4-feed&utm_source=extract