Tuesday, 14 November 2023

Japanese Yen Update: Lower US CPI Tames USD/JPY, GBP/JPY Rises

CPI was the latest US data point to turn lower, following a developing trend since the softer October jobs print. The USD selloff weighs on USD/JPY while GBP/JPY eyes resistance

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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...