FX video analysis looking at the technical outlook for USD/JPY and EUR/JPY ahead of this week’s key central bank meetings and interest rate decisions.
Michael Hewson’s technical analysis reviews key support and resistance, current trends, chart patterns and price targets for:
- USD/JPY – FOMC meeting may weaken the dollar as Fed maintains easing policy in the face of weaker GDP and Non-Farm Payrolls figures
- EUR/JPY – ECB meeting could weaken the euro as any potential rate cut is unlikely to help the deterioration of the Eurozone economy
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Video content by Michael Hewson of CMC Markets.
Content provided by CMC Markets. CMC Markets UK plc and CMC Spreadbet plc are authorised and regulated by the Financial Services Authority in the UK, registered offices, 133 Houndsditch, London, EC3A 7BX.