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USDJPY Technical Analysis

The US data continues to surprise to the upside and as a consequence led the market to reprice interest rates expectations on the more hawkish side as the Fed members keep on repeating that two or more rate hikes cannot be ruled out if the data remains solid. On the other hand, the BoJ remains stuck with its loose monetary policy causing further weakness in the JPY. There are small hints that the BoJ may tweak the YCC policy at the next meeting, but the central bank has been disappointing market... Read More

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Usdjpy

Technical

Analysis

Forex

Posted: Jun 30 2023, 12:00

Author Name: forexlive

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