Wednesday, 26 July 2023

USD/JPY, EUR/JPY Delicately Poised Ahead of Central Bank Week

The Yen enjoyed a slight uptick to start the week. Will the Fed and ECB rate decisions increase the likelihood of FX intervention by the 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...