Monday, 15 October 2018

USDJPY Breaks Key Trendline as Risk Sentiment Remains Fragile

Following the largest weekly gain since February, the Japanese Yen looks ripe for further strength amid the fragile risk sentiment, while speculators are caught on the wrong side.

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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...