Thursday, 4 October 2018

USDJPY Price Accelerates Higher on Strong US Data, Hawkish Fed

The USDJPY price has broken to the upside as a combination of strong US data, hawkish comments from the Federal Reserve and firmer US Treasury yields combine to boost the Dollar.

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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...