USD/JPY crosses 129.00 as yields recover ahead of US Retail Sales, Fed’s Powell By anilpanchal7 USDJPY YieldCurve Fed RetailSales RiskAppetite
Covid updates from China recently favored market sentiment, Japan’s Suzuki pushes for budget surplus.US Retail Sales, Fed Chair Powell’s speech to determine near-term moves, risk catalysts are important too.
That said, the quote’s latest run-up could be linked to the positive headlines from China, as well as in anticipation of US Retail Sales for April and a speech from the Fed ChairmanThe Japanese policymaker recently said, “In FY 2025/26, the primary budget surplus aim must be met.”
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