EUR/USD has been struggling near 34-month lows amid coronavirus fears. German figures and the return of US traders are set to move markets. Tuesday's four-hour chart is pointing to further falls.
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GBP/USD stays mildly negative just below 1.30 while heading into the London open on Tuesday. UK’s Brexit negotiator shares the same view as PM Boris Johnson, increases the risks of hard departure. UK employment statistics will be the key to clarify on the BOE’s bearish bias.
USD/JPY extended the previous session’s rejection from 110.00 round-figure mark. Reviving safe-haven demand benefitted the JPY and exerted some fresh pressure. The downside remains limited and thus, warrants some caution for bearish traders.
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