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USDJPY Technical Analysis - The sellers are looking at these levels

The Fed hiked interest rates by 25 bps as expected leaving the policy statement unchanged. Tha market was more focused on hints and clues on the next Fed moves but it got disappointed as Fed Chair Powell has just reaffirmed their data dependency and kept all options on the table. Yesterday, the USD strengthened across the board as the US Jobless Claims beat expectations by a big margin again giving the markets hawkish vibes. On the other hand, we got two days of high volatility in the JPY as yes... Read More

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Content Topics

Usdjpy

Technical

Analysis

Sellers

Looking

These

Levels

Forex

Posted: Jul 28 2023, 08:05

Author Name: forexlive

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