Monday, 20 March 2023

USD/JPY Grinds Lower as Fear Overshadows UBS/Credit Suisse Deal

USD/JPY has continued to decline as mounting fears of further contagion throughout the banking sector weigh on the Dollar, boosting the safe-haven appeal of the Yen.

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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...