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The USDJPY moves higher helped by BOJ Ueda comments, but technically some issues

The USDJPY moves higher helped by BOJ Ueda comments, but technically some issues
The USDJPY moved higher helped by comments from BOJ's Ueda who seem to support continued yield curve control. The BOJ will announce her latest interest rate decision next week. There was speculation of the YCC measures being changed. The price of the USDJPY moved above its a 200-hour moving average (currently at 139.657). The high price reached 139.988 just short of the natural resistance at 140.00. The price has since rotated back to the downside and currently trades below the 200-hour moving a... Read More
Posted: Jul 19 2023, 13:27
Author Name: forexlive
Views: 080921

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