Tuesday, 6 September 2022

Japanese Yen Crumbles Under the Weight of a Robust US Dollar. New Peaks for USD/JPY?

The Japanese Yen made historic lows today as the US Dollar was boosted by Treasury yields marching ever higher, undermining equities and commodities. Where will USD/JPY go next?

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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...