menu search

USD/JPY stays lockstep with the bond market

USD/JPY stays lockstep with the bond market

So long as the policy divergence between the Fed and the BOJ continues to play out, it is tough to find argue for a change in momentum in USD/JPY in the bigger picture. The recent intervention play from Japan officials just above 150.00 is also a factor that has helped to stifle bulls temporarily but price remains elevated above 145.00 - which is arguably a resting point for buyers.

The above chart says it all. The... Read More

Posted: Nov 8 2022, 11:21
Author Name: forexlive
Views: 110241

Search within

Pages Search Results: