Technical Analysis: USD/JPY - Friday, Oct. 31
USDJPY managed to hit above the resistance of 154.00-20, which could lead to a further advance.
How Will AI Pay Our Bills?
The US central bank cut its policy rate on Wednesday, and US mortgage rates rose. Layoffs are surging, and loan delinquencies are driving a repo boom not seen since the 2009 recession.
WTI Oil Prices Fell Below $60 A Barrel Again
On Thursday, WTI oil prices fell below $60 a barrel. Demand prospects remain subdued, and major producers continue to increase output.
