Wednesday, 10 October 2018

USD/JPY Weakness to Subside as Bearish Sequence Snaps

Recent price action in USD/JPY raises the risk for a larger pullback as the dollar-yen exchange rate continues to carve a series of lower highs.

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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...