Monday, 2 January 2023

Japanese Yen Springs to Life as Bank of Japan Tightening is in Focus. Lower USD/JPY?

The Japanese Yen gained today as the market looks at the shift in the Bank of Japan’s monetary policy. China’s new approach to Covid-19 is also on traders’ minds.

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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...