Friday, 12 October 2018

Yen May Fall Further in Risk-On Trade But Follow-Through Suspect

The Japanese Yen may continue to backtrack as risk appetite recovers across global financial markets but betting on follow-through is probably premature.


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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...