Wednesday, 12 October 2022

Japanese Yen Wilts as Inflation Woes Grips Markets Ahead of US CPI Today

The Japanese Yen continued its slide against the US Dollar ahead of a highly anticipated US CPI number today that could provide clues on further Fed action. How high can USD/JPY go?

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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...