Sullivan (sullyfx)

USD/JPY tumbles to 151.00 on Japanese intervention risks USD/JPY is sliding toward 151.00 in the European session on Wednesday, correcting from three-decade highs shy of 152.00. Mounting risks of an FX market intervention by the Japanese authorities fuel a sharp rally in the Japanese Yen.

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GBP/USD trades muted above 1.2600 on a steady US Dollar GBP/USD is trading listlessly above 1.2600 in the European trading hours on Wednesday. The pair lacks a clear directional impetus amid a steady US Dollar and market caution ahead of Friday's US PCE inflation data. Fed' Governor Waller's speech is next of note.

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EUR/USD holds steady above 1.0800 amid cautious markets EUR/USD is trading modestly flat above 1.0800 in European trading on Wednesday. The pair struggles amid a broadly firmer US Dollar and a cautious market mood. Upcoming speeches from the ECB and the Fed officials could provide a fresh trading impetus.

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Despite market optimism, GBP/USD holds steady near 1.2750 GBP/USD is in a range near 1.2750 in the second half of the day on Monday. The USD struggles to build on the previous week's gains and allows the pair to move sideways. Investors refrain from taking large positions ahead of the Fed and the BoE policy decisions.

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US Dollar looks set to remain steady ahead of BoJ and Fed meetings. The US Dollar trades stable in a tight range on Monday. Traders brace for a historic week ahead with the BoJ poised to snap its decade-long negative interest rate regime. The USD Index trades around the mid 103.00s and is expected to remain steady.

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EUR/USD is holding a tight range around the 1.0900 figure. EUR/USD needs to extend through the 1.0900 area to gain a little more ground towards 1.0950

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