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USDJPY makes new eight-month highs ahead of central bankers chat. What levels are in play?

The USDJPY is pushing to get a new high for the year and a new eight-month high going back to November as the head of the global central bankers chat in Sintra at 9:30 AM ET. Recent policy action saw the ECB raise rates by 25 basis points and is expected to increase rates in July and September. BOE surprised last week with a 50 basis point hike. Fed kept rates unchanged at the last meeting, but is looking toward a hike in July and an additional hike between now and the end of the year. Yesterd... Read More

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Usdjpy

Makes

Eight

Month

Highs

Ahead

Central

Bankers

Chat

Eight month

Levels

Forex

Posted: Jun 28 2023, 13:25

Author Name: forexlive

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