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USD/JPY Outlook: Dollar Shines on Clouded Global Outlook
Chinese consumer inflation remained almost unchanged last month. The annual increase in US consumer prices in April dipped below 5%. Investors expect the Fed to pause before cutting interest rates in September. Today’s USD/JPY outlook is slightly bullish. The dollar increased on Thursday after more evidence of a weak post-COVID recovery in China, which clouded … Continued The post USD/JPY Outlook: Dollar Shines on Clouded Global Outlook appeared first on Forex Crunch...
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Posted: May 11 2023, 10:30
Author Name: forexcrunch
Views: 111785