Wednesday, 19 February 2020

Japanese Yen Technical Outlook Still Points Higher as USD/JPY Soars

The Japanese Yen tumbled as USD/JPY aimed for 2019 highs, but JPY prices are still on average in an uptrend from 2018. AUD/USD may rise if Australian jobs data cools RBA rate cut bets.

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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...