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USD/JPY: Dollar Remains Under Modest Pressure

USD/JPY: Dollar Remains Under Modest Pressure
The reaction to Jay Powell’s speech on Tuesday was a positive one for risk assets, which meant that the dollar would come under pressure given its general negative correlation with stocks. Did the Fed Chair say anything dovish? No. Was he super hawkish? Again, no. He was deemed neutral overall. Powell acknowledged that the disinflationary […] The post USD/JPY: Dollar Remains Under Modest Pressure appeared first on Action Forex... Read More
Posted: Feb 8 2023, 13:21
Author Name: actionforex
Views: 110859

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