Friday, 25 August 2023

Yen Price Outlook: USD/JPY Upside Back in Play, EUR/JPY Vulnerable

USD/JPY receives bullish boost ahead of Powell’s Jackson Hole speech which contrasts EUR/JPY fortunes which may extend on recent dovish ECB revelations

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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...