Friday, 16 June 2023

Japanese Yen Outlook: USD/JPY Extends Upside after Dovish BoJ Decision

The Japanese yen weakened against the U.S. dollar after the Bank of Japan retained an ultra-dovish stance, with USD/JPY hitting fresh multi-month highs above 141.50.

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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...