Sunday, 23 July 2023

Japanese Yen Slides as Speculation Mounts Ahead of BoJ Meeting. Where to for USD/JPY?

The Japanese Yen steadied to start the week after sinking going into last weekend with the US Dollar gaining traction across the board. The Fed and BoJ meet this week. Higher USD/JPY?

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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...