Sunday, 9 October 2022

Japanese Yen Nears Record Low as US Dollar Soars on Higher Treasury Yields

The Japanese Yen drifted lower again today after the US Dollar re-asserts its ascendency on strong economic data and a hawkish Federal Reserve. New highs for USD/JPY?

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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...