Tuesday, 26 February 2019

Bullish USD/JPY Momentum Continues to Abate Following Powell Testimony

The limited reaction to the semi-annual Fed testimony with Chairman Powell raises the risk for a larger USD/JPY pullback as the bullish momentum continues to abate.


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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...