Yen Remains at the Mercy of External Factors

View this email online. Yen Remains at the Mercy of External Factors It’s been another intriguing week for the Japanese Yen with the Euro in particular down over 2% and around 370-pips to trade just below the 160.00 level.  READ MORE Market Analysis Bitcoin and Ethereum both took a significant leg higher over the weekend, breaking through prior resistance and testing levels last seen in May last year.  READ MORE Gold prices recorded news all-time highs at market open due to escalating geopolitical tensions as Israel and Hamas resume fighting after the ceasefire ended last week.  READ MORE The British Pound has risen quite consistently against the United States Dollar since late September, but most of that has been a ‘Dollar weakness’ story rather than a vote of confidence in Sterling. READ MORE WTI crude oil and Brent crude oil prices faded after much anticipation created by OPEC+ postponing their meeting around production cuts due to disagreements with certain African nation  READ MORE The Reserve Bank of Australia (RBA) is one of the world’s most important Central Banks and by its actions controls the path of the Australian Dollar.  READ MORE The Bank of Canada was established in 1934, at the height of the Great Depression, to help stabilize Canada's economy and financial system. READ MORE Trading Skills Enhancement TRADING EDUCATION Learn to trade with DailyFX and take your trading knowledge and confidence to the next level. Whatever your trading experience is, our expert analysts and market writers can help you navigate a range of market conditions and trading styles, setting you on the road to consistent trading. Our online education is divided into three sections according to experience level   LEARN MORE TRADING TOOLS View current trader sentiment and discover who is going long and short, the percentage change over time, and whether market signals are bullish or bearish with IG Client Sentiment.   LEARN MORE Use our economic calendar to explore key global events on the horizon that could subtly shift or substantially shake up the financial markets.   LEARN MORE CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Kind regards DailyFX dailyfx.com Cannon Bridge House, 25 Dowgate Hill, London, United Kingdom, EC4R 2YA. Trading financial instruments, including leveraged foreign currencies, carries a high degree of risk and your losses may exceed your deposits. Trading is not suitable for all. You should carefully consider whether trading is right for you in light of your investment experience and financial resources. Past performance is not indicative of future results. This commentary is for general informational purposes and does not constitute advice or a solicitation. While DailyFX has taken reasonable measures to verify the accuracy of the information herein, DailyFX makes no guarantee as to its accuracy or completeness. This information is subject to change at any time without notice. DailyFX is not liable for any loss or damage which may arise from the use of any information in this commentary. Please read the full Risk Disclosure, as well as our Privacy Policy. You received this email because of your relationship with DailyFX. To manage your preferences or unsubscribe from our marketing communications click here.   © 2023 IG