Friday, 8 November 2019

Japanese Yen Price Outlook: USD/JPY Surges to Yearly Open Resistance

The US Dollar ripped into resistance against the Japanese yen this week with price at five-month highs. 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...