Thursday, 11 October 2018

USD/JPY Rate Outlook Mired by Lower Highs, Lackluster U.S. CPI

USD/JPY may stage a larger correction over the remainder of the week as the exchange rate extends the series of lower highs carried over from the previous week.

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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...