Wednesday, 29 March 2023

USD/JPY Moves Higher as the Japanese Yen Sheds its Risk Premium

USD/JPY is back above 132.00 for the first time in a week as bank contagion fears recede. Comments from Bank of Japan (BoJ) deputy governor Shinichi Uchida however may boost the Yen’s longer-term attraction

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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...