Friday, 7 September 2018

USD/JPY: The Japanese Yen Moves into the Tariff Conversation

The Japanese Yen caught a bid this week when indications began to show that we may soon see tariff discussions aimed at Japan. This could complicate the return of Yen-weakness, and given the backdrop of global risk aversion, may help to soon open the door to strategies of strength.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...