Tuesday, 28 February 2023

USD/JPY Facing Strong Technical Hurdle at the 137.00 Level

The Yen remains vulnerable against the greenback as potential BoJ Governor Ueda doubles down on easy monetary policy stance. Can the Technical hurdles ahead keep USDJPY in check?

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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...