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USDJPY Technical Analysis

As the US economic data continues to beat expectations, the market is pricing in a more hawkish path for interest rates as the Fed members keep on repeating that two or more rate hikes are expected if the economy remains strong.Conversely, the BoJ maintains its dovish stance keeping rates at -0.10 and the YCC at the usual settings. Core inflation in Japan keeps on rising and there are only slightly tentative signs of a possible exit from the current policy. As long as the policy divergence betwe... Read More

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Usdjpy

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Forex

Posted: Jul 4 2023, 12:44

Author Name: forexlive

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