Monday, 21 November 2022

Is Yen Weakness on the Way Back? USD/JPY, GBP/JPY, EUR/JPY

USD/JPY broke out from an ascending triangle to start the week raising the possibility of a return of Yen-weakness.

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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...