Friday, 8 November 2019

USD/JPY Down on Trump Tariff Remarks, Consumer Sentiment Overlooked

This morning's Consumer Sentiment report from the University of Michigan beat expectations which initially sent USD/JPY higher but quickly pivoted lower on President Trump's tariff comments.

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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...