Monday, 21 August 2023

JPY Intervention Levels Assessed Ahead of Jackson Hole, Yen Offered

Yen weakness continues on Monday after clawing back some losses last Friday. Markets may look to test 150 after Suzuki clarifies concern over yen volatility, not level

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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...