Monday, 17 January 2022

USD/JPY Gains Before Bank of Japan as 10-Year Treasury Yield Touches New 2022 High

The Japanese Yen fell as the 10-year Treasury yield hit a new 2022 high. USD/JPY is eyeing the Bank of Japan next, but follow-through may depend on more important fundamental drivers.

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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...