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USDJPY Technical Analysis

The Fed decided to maintain the interest rates at 5.00-5.25% last week, citing the need for additional economic data before considering additional hikes. They are trying to strike a balance of monetary restraint that can effectively combat inflation and prevent a severe recession.In his testimony to Congress yesterday, Fed Chair Powell reaffirmed their commitment to lowering inflation to the desired target. However, he acknowledged that there is still a long way to go to reach their goal and add... Read More

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Usdjpy

Technical

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Forex

Posted: Jun 22 2023, 10:21

Author Name: forexlive

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