Monday, 24 May 2021

USD/JPY Attempts to Reverse Ahead of Monthly Low with US PCE on Tap

The update to the US Personal Consumption Expenditure (PCE) Index may influence USD/JPY as the Federal Reserve braces for a transitory rise in inflation.

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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...