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USD/JPY Forecast: Dollar Falls After Fed Hints End to Rate Hikes

USD/JPY Forecast: Dollar Falls After Fed Hints End to Rate Hikes
The US Federal Reserve hinted its aggressive tightening cycle might end. Risk aversion plagued the markets as regional US bank shares declined. The cautious risk-off mood strongly supported the Japanese yen. Today’s USD/JPY forecast is bearish. On Thursday, the dollar fell against most major currencies after the Fed hinted its aggressive tightening cycle might end. … Continued The post USD/JPY Forecast: Dollar Falls After Fed Hints End to Rate Hikes appeared first on Forex Crunch... Read More
Posted: May 4 2023, 08:27
Author Name: forexcrunch
Views: 102274

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