Wednesday, 13 November 2019

USD/JPY & USD/CHF Oscillate on Mixed US CPI Data Ahead of Powell

Headline US inflation came in hotter than expected, though core CPI softened slightly. USD/JPY and USD/CHF are edging lower following the report while traders await remarks from Fed Chair Powell.

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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...