Sunday, 19 February 2023

Japanese Yen Dips as Treasury Yields Climb Ahead of Ueda Testimony. Higher USD/JPY?

The Japanese Yen has lost ground against the US Dollar as the threat of a re-acceleration of Fed rate hikes lifted Treasury yields and ahead of the nominee for BoJ Governor address.

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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...