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USD/JPY pushed lower amid safety flows for now

Most dollar pairs are little changed but USD/JPY is keeping lower today as we are seeing a bid in bonds take place after Fitch cut US' credit rating from AAA to AA+ earlier. That is leading to a slightly more risk-off mood in markets with equities being beaten down after the stuttering start to August yesterday.The latest drop in USD/JPY today isn't too harmful in the bigger picture though. It will require sellers to break back below 142.00 to really invalidate the latest upside break, at least... Read More

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Usd

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Pushed

Lower

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Safety

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Usd jpy

Forex

Posted: Aug 2 2023, 07:41

Author Name: forexlive

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