USD/JPY Price Outlook: Carry Trade Continues Despite Intervention Talk

The Japanese yen remains an outlier within the G7 FX space as long as ultra-loose monetary policy appears to have no end in sight. Japan officials talk up ‘intervention’

from DailyFX – Market News https://bit.ly/3CZQ4PS
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GBP/USD Price Forecast: Cable Surrenders High Ground as 1.2700 Holds Firm

Cable appears to have run out of steam as retracement signals start to pile up. Are we in for a fresh leg lower before a continuation of the overall trend to the upside?

from DailyFX – Market News https://bit.ly/3r79r6V
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EUR/USD Returns Some Gains as Eurozone PMI Data Underwhelm

The Eurozone’s manufacturing sector is already facing feeble demand, with higher rates ony likely to sap it further. The Euro is reflecting these worries.

from DailyFX – Market News https://bit.ly/3PHmE0D
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