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USD/JPY Dived on Fed and BoJ Expectations, More Downside But 120 Will Be a Bit Stretched

USD/JPY Dived on Fed and BoJ Expectations, More Downside But 120 Will Be a Bit Stretched
Dollar was sold off broadly last week as a 25bps rate hike by Fed in February is now pretty much a done deal, after CPI data. On the other hand, Yen staged a strong rally on speculations that BoJ is now much closer to exit of ultra-loose monetary policy. USD/JPY ended as the biggest mover […] The post USD/JPY Dived on Fed and BoJ Expectations, More Downside But 120 Will Be a Bit Stretched appeared first on Action Forex... Read More
Posted: Jan 14 2023, 10:05
Author Name: actionforex
Views: 102444

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