Thursday, 21 October 2021

Japanese Yen, US Dollar Gain Amid Inflation Woes. Will USD/JPY, AUD/JPY Reverse?

The Japanese Yen and US Dollar gained as inflation woes dampened risk appetite. Soft Snap Inc. and Intel earnings weakened the Nasdaq 100. Are USD/JPY and AUD/JPY reversing?

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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...