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USD/JPY stalls its sharp retracement slide from a two-week high touched on Thursday. The USD attracts buyers amid some repositioning ahead of the US PCE and lends support. The divergent BoJ-Fed policy ...
In fact, the Core CPI came in at 3.6% YoY following a 3.4% rise in April and exceeded median market forecasts for a 3.5% gain. Furthermore, a separate index that strips away the effects of both fresh ...
USD/JPY’s outlook remains bearish, based on its daily chart, said Fawad Razaqzada, market analyst at City Index and FOREX.com.
USD/JPY slips as Tokyo inflation tops BoJ target; all eyes now on US PCE data and Fed rate path to gauge next move.
The U.S. Dollar is set to snap a three-day winning streak against the Japanese Yen with USD/JPY reversing sharply off Fibonacci resistance today. The move threatens resumption of the broader downtrend ...