Tuesday, 2 October 2018

USD/JPY Rate Snaps Bullish Sequence, Short Interest Jumps

The recent rally in USD/JPY appears to have stalled ahead of the November 2017-high (114.74) as the exchange rate snaps the recent series of higher highs & lows.

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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...