USD/JPY ANALYSISFed’s March 2023 peak rate falls.Options strikes could give Yen short-term support later today.Ascending triangle ominous for JPY.
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The
Reserve Bank of Australia increased its cash rate by 25bp at its
monetary policy board meeting today, vs. the +50bp rate hike that was
widely (though not unanimously) expected. In his accompanying
statement Governor Lowe said...
The consensus was for a 50bp rate hike from the Reserve Bank of Australia at its October monetary policy board meeting. But, nope, the Bank has gone with +25bp. Reserve Bank of Australia...
EUR/USD Rate Talking PointsEUR/USD trades near last week’s high (0.9854) on the back of US Dollar weakness, but the recent rebound in the exchange rate appears to be stalling ahead of the former...