Wednesday, 2 October 2019

Japanese Yen Price Outlook: USD Reversal Risks Deeper USD/JPY Losses

USD/JPY marked an outside-day reversal off resistance yesterday- threating a deeper correction in price. Here are the levels that matter on the USD/JPY weekly chart.

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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...