<p>Last week the <a href="https://www.forexlive.com/centralbank/the-fomc-keeps-the-target-fed-funds-range-at-525-to-550-20230920/">Fed kept interest rates unchanged</a> as
USD/JPY resumes its advance and rises to multi-month highs, supported by higher Treasury yields following Powell’s hawkish comments in a congressional hearing.
<p>The recent decline of -6.8% from its 10 August 2023 high has not damaged the medium-term uptrend phase of WTI oil. Today’s price actions have indicated a revival of a short-term uptrend phase
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