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USD/JPY soars as Fed Powell’s hawkish stance fuels tightening speculations
Powell’s hawkish tone on inflation and rate hikes sends USD/JPY whipsawing, eyeing a test of the year-to-date high of 146.56. Despite signs of disinflation, Powell insists there’s still a “long road ahead” to reach the Fed’s 2% target … Read Full Story at source (may require registration) The post USD/JPY soars as Fed Powell’s hawkish stance fuels tightening speculations appeared first on ForexTV...
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Posted: Aug 25 2023, 15:32
Author Name: forextv
Views: 102219