Thursday, 10 February 2022

USD/JPY Rally Raises Scope for Yearly Opening Range Breakout

The recent rally in USD/JPY raises the scope for a break of the yearly opening range as it extends the series of higher highs and lows from the monthly low (114.15).

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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...