Tuesday, 16 November 2021

Japanese Yen Outlook: USD/JPY Breakout Potential, Inflation in Focus

The Japanese Yen looks primed to breakout out of the unfolding bull flag pattern while weak GDP and upcoming inflation could see further weakness. A hawkish Fed may also add further bullish impetus...

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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...