Thursday, 24 February 2022

USD/JPY Reverses Ahead of Monthly Low with US Inflation Report on Tap

Data prints coming out of the US may generate a larger rebound in USD/JPY as the Fed’s preferred gauge for inflation is expected to increase for the fifth month.

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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...