Thursday, 13 October 2022

Australian Dollar Clings on After US CPI, Be Wary of USD/JPY Intervention as Yen Falls

The Australian Dollar was whipsawed by a violent reaction to the stronger US CPI report. Be wary of violent USD/JPY price action as the pair climbs past levels where Japan intervened.

from DailyFX - Market News https://ift.tt/LF90Wjh
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...