USD/JPY held near 163.50 on Thursday, with the yen retreating slightly after strengthening in the previous session. The currency had been supported by a broader dollar decline following the Federal Reserve’s decision to keep interest rates unchanged. However, three FOMC members voted in favour of a rate hike, and Fed Chairman Kevin Warsh stressed that […]
The post USD/JPY Temporary in Equilibrium: Multiple Factors in Focus appeared first on ActionForex.
The Bank of England left Bank Rate unchanged at 3.75% in a 6-3 vote today, but the decision masked a Committee that has become increasingly united on the direction of inflation risks while remaining divided Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Having a decent set of knives Read more…
The dollar regained traction in early Thursday trading and recovered part of Wednesday’s post-Fed 0.6% drop, which pushed the US currency to the lowest since July 20. The US central bank left rates unchanged at Read more…