Greenback remained depressed against its Japanese counterpart and dragged the USD/JPY pair to fresh seven-week lows, around the 106.20 region on wednesday. The pair failed to gain any respite from a combination of supporting factors. Us president Donald trump threatened to impose fresh tariffs on Chinese goods in retaliation to its cover-up and mishandling of the virus outbreak at the early stage.
China economy shrinks 7%🗜️.
In equities, disney takes first quarter hit but plans to reopen soon.