Wednesday, 2 August 2023

Japanese Yen and Nikkei 225 Tank as US Dollar Re-Asserts Itself. New USD/JPY Highs?

The Japanese Yen melted again today as the US Dollar ascendency got back on track after investors and traders reassessed their exposure to risk assets. Will USD/JPY test prior peaks?

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

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