Thursday, 27 July 2023

Cautious Risk Tone, with Chatters of a Policy Adjustment from the BoJ: USD/JPY, Nikkei 225, EUR/JPY

A jump in Treasury yields kept the pressure on risk sentiments, driven by stronger-than-expected US economic data and chatters of a policy adjustment from the Bank of Japan (BoJ).

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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...