Wednesday, 21 September 2022

Japanese Yen Spikes Lower as the BOJ Holds Back FX Intervention Threat. Where to Next for USD/JPY?

The Japanese Yen spiked lower as the Bank of Japan stuck close to a familiar script with its monetary policy announcement, cooling worries about FX intervention.

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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...