Friday, 23 July 2021

USD/JPY Rate Tracks Rebound in US Yields Ahead of Fed Rate Decision

USD/JPY appears to be tracking the recovery in US yields ahead of the Federal Reserve interest rate decision as it trades back above the 50-Day SMA (109.98).

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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...