Thursday, 18 March 2021

US Dollar Outlook: USD/JPY Eyes BoJ as Yield Volatility Hastens

The US Dollar strengthened broadly on Thursday and erased losses from the prior session as the ten-year Treasury yield briefly spiked above 1.75%. USD/JPY price action eyed as the BoJ decision looms.

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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...