Wednesday, 8 May 2019

Risk Aversion Lifts Japanese Yen, USDJPY Hits Retracement Support

The Japanese Yen has seen a good run of technical gains, but its strength has been fundamentally underpinned by risk appetite, which is fickle.


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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...