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USD/JPY Fundamental Daily Forecast – Poised to Breakout to Upside on Higher Fed Rate Hike Expectations

On Friday, the USD/JPY settled at 131.191, up 2.504 or +1.95%. The Invesco CurrencyShares Japanese Yen Trust ETF (FXY) closed at $71.07, down $1.31 or -1.81%. The spike in prices was fueled by soaring … Read Full Story at source (may require registration) The post USD/JPY Fundamental Daily Forecast – Poised to Breakout to Upside on Higher Fed Rate Hike Expectations appeared first on ForexTV... Read More
Posted: Feb 5 2023, 08:44
Author Name: forextv
Views: 111863

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