JPY Daily Review for August 3, 2017
|The Bank of England’s rate decision today fits the mold of an event that in current conditions can generate a surprising amount of volatility for|
|USD/JPY stands at risk for further losses as the U.S. Non-Farm Payrolls (NFP) report is expected to reveal a slowdown in household earnings.|
|Outside engulfing bars and key reversals in several GBP-crosses suggest that we may be at the end of the road of British Pound strength.|
|DailyFX Senior Currency Strategist Christopher Vecchio discusses the major central banks’ monetary policies and their implications for FX markets over the ne…|
|– The Bank of England voted to hold rates 6-2 earlier today, and their updated economic projections were much more dovish than markets anticipated. – Outside…|
|The US dollar fell during the day on Thursday, testing the 110 handle. The level looks to be very supportive, and I think that the market is simply taking a …|
Have a nice trading!