Wednesday, 8 January 2020

Yen Saw False Breakout as USD/JPY Rose? Australian Dollar May Gain

The Japanese Yen fell as USD/JPY experienced a false breakout. Sentiment was bolstered as tensions between the United States and Iran receded. The Australian Dollar may rise ahead.

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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...