Monday, 8 August 2022

USD/JPY Rate Struggles to Hold Above 50-Day SMA Ahead of US CPI

USD/JPY may face a larger pullback ahead of the update to the US Consumer Price Index (CPI) as the exchange rate struggles to hold above the 50-Day SMA (134.99).

from DailyFX - Market News https://ift.tt/9sHCjoB
via IFTTT

No comments:

Post a Comment

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...