Sunday, 30 October 2022

Japanese Yen in Flux on Data and the Chinese Yuan Battles Soft Sentiment

The Japanese Yen edged lower against the US Dollar on mixed retail sales and industrial production data while Chinese PMI disappointed. Will a higher USD/JPY lift USD/CNY?

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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...