Monday, 9 January 2023

Japanese Yen at Crossroads as US Dollar Sinks on Fed Comments. Where to for USD/JPY?

The Japanese Yen has struggled to make headway against a US Dollar that slipped lower elsewhere amid a Federal Reserve re-iterating its high for longer rate path. Will USD/JPY go lower?

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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...