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USD/JPY is trading around 147.50 in early European trade after the Bank of Japan left all policy dials untouched at its latest meeting but gave a slight hint that inflation may be moving higher.
USD/JPY is a nearing levels that may prompt the Bank of Japan to start talking intervention. Tuesday’s rate decision and the Quarterly Outlook Report remain key for the Yen’s next move.
Aussie is trying to mark a third weekly advance with the rally now eyeing resistance at the 2022 yearly open. Levels that matter on the AUD/USD, AUD/JPY technical charts.
Euro Technical Forecast: EUR/USD, EUR/JPY Bulls to Push Onward 2021-02-13 04:00:00 Rich Dvorak, Analyst EURO WEEKLY TECHNICAL FORECAST – BULLISH Euro price action continues to trade mixed across the board of major currency pairs EUR/USD bounces back from its bout of weakness to contend with trend resistance EUR/JPY looks like it could be gearing up for a breakout as upward pressure builds The Euro traded broadly mixed this past week. Euro strength was seen relative to its US Dollar and Yen peers, but the bloc currency weak...