(Bloomberg) The beleaguered yen has been hovering near a critical turning point and a 34-year low, but Japanese authorities are likely to wait until a US inflation reading later this week before stepping in to prop up the currency, according to Standard Chartered. Most Read from BloombergTrumpism Is Emptying ChurchesWhy India’s South Rejects Modi — And Why It MattersGermany to Order Ships, Armored Vehicles Worth Up to €7 BillionRBC Fires CFO Ahn After Probe Into Personal RelationshipYellen Im
BTC/USD Analysis: Bitcoin Technical Analysis: BTC/USD remains near critical support at $40,000, facing a battle between bullish backers and skeptical traders.
GBP/USD faced a trendline rejection and renewed selling pressure making a return to recent lows. Are we in for fresh lows or a period of consolidation ahead of Central Bank Meetings?
The US Dollar Index faced selling pressure today as US Yields retreated from recent highs. GBPUSD benefitted with a deeper recovery for Cable looking more likely. Can UK Employment data help facilitate a trendline break?