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Forex Today: Dollar came back roaring on rate cut jitters

As US markets returned to their daily routine, investors’ declining speculation on interest rate cuts by the Fed lent strong support to the Greenback, while ECB officials also remained at odds with markets’ perceptions of the timing of interest rate reductions, eventually weighing on the European currency. ....

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Japanese Yen Selloff Resumes: USD/JPY, EUR/JPY Eye Further Upside

USD/JPY, EUR/JPY Resume their run higher following a brief pause yesterday. Despite comments from BoJ Governor Ueda any change in monetary policy remains some way off as wage growth remains the key. ....

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