The US Fed Funds Rate announcement and Press Conference will be at 21:00 MT on January 29.
USD/JPY slides to the 2-weeks low
Bulls could not hold yesterday's gains for USD/JPY. The pair has fallen below the weekly pivot at 111.70 and tested the support at 111.54 (200-day SMA). Strong bearish pressure may break this level and pull the pair lower in the direction of the next weekly pivot support at 111.30. If buyers take over the market, they will try to move USD/JPY up to to the resistance at 112.34. If we look at indicators, parabolic SAR still shows the upward movement for the pair.
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Canada will publish its monthly GDP growth rate at 15:30 MT on January 31.
The famous pharma giant Pfizer is going to release its earnings report on January 28 at 17:00 MT time.
The Bank of England’s interest rate announcement and monetary report will be out at 14:00 MT on January 30.