Friday, 29 January 2021

USD/JPY and GBP/JPY Outlooks - Strong Trends But Overbought Signals are Flashing

The Japanese Yen remains weak against the US dollar and Sterling and this trend may continue despite market conditions looking overbought.

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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...