US Federal Reserve has cut its rate 50 base points from 2.0% to 1.5%, ECB, BOE, Swiss central bank, and bank of Canada join US Federal Reserve to cut their rate 50 base point .
Immediately, European equity markets have responsed positively, and price of US DJ index future has jumped off low as well.
Correspondingly, as indicated above, selling pressure on JPY and US dollar in currency market increases.
US Federal Reserve has cut its rate 50 base points from 2.0% to 1.5%, ECB, BOE, Swiss central bank, and bank of Canada join US Federal Reserve to cut their rate 50 base point .