Sunday, 13 November 2022

Japanese Yen Boosted Against US Dollar on Soft US CPI. Has USD/JPY Broken Trend?

The Japanese Yen has rallied after US CPI undermined the US Dollar sending USD/JPY to fresh 3-month lows ahead of a plethora of Japanese data. Is the ascending USD/JPY trend over?

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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...