Monday, 13 January 2020

Japanese Yen vs US Dollar Breakout, USD/JPY Hits 7-Month Peak - US Market Open

USD/JPY breaks descending trendline to hit 7-month high. GBP/USD hit on more dovish BoE comments, while GDP contracts. USD/CAD awaits Bank of Canada survey.

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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...