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USD/JPY Forecast: 144 Hit Amid Policy Divergence, Eying US CPI

USD/JPY Forecast: 144 Hit Amid Policy Divergence, Eying US CPI
Investors are anticipating crucial US inflation data. Traders believe the Federal Reserve has concluded its rate hikes. Japan’s core inflation likely moderated in July, affected by softer commodity prices. Today’s USD/JPY forecast is bullish. On Thursday, the dollar surged to a one-month peak above 144 yen as investors focused on the divergence in monetary policies. … Continued The post USD/JPY Forecast: 144 Hit Amid Policy Divergence, Eying US CPI appeared first on Forex Crunch... Read More
Posted: Aug 10 2023, 08:51
Author Name: forexcrunch
Views: 101923

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