Friday, 22 January 2021

USD/JPY Outlook: Yen Falters Today but Faces Stout Topside Resistance

The bearish bias remains on USD/JPY while next weeks U.S. economic data may provide a change in sentiment with the Dollar weighing heavily on the pair.

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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...