Monday, 10 April 2023

Q2 Top Trade Idea: Short USD/JPY on Fed Pause Signal, JPY Safe Haven Appeal

USD rate expectations price in multiple rate cuts for 2023 while the yen appears poised to capitalise on its safe-haven appeal and possible policy normalisation

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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...