Thursday, 4 March 2021

US Dollar Outlook: USD/JPY on Fire as Yields Soar Post-Powell

USD/JPY to its strongest level in nine months near the 108.00-price as the US Dollar rockets broadly higher alongside another sharp rise in Treasury yields following Fed Chair Powell.

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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...