Wednesday, 1 December 2021

Japanese Yen Caught Out on Fed Hawkishness and Omicron. Will USD/JPY Break?

The Japanese Yen underperformed today as the US Dollar made some ground in the aftermath of the Fed ramping up hawkish rhetoric. Where to for USD/JPY?

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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...