USD/JPY remains on the defensive below 142.00 mark, downside seems limited – by hareshmenghani USDJPY Fed BOJ Majors Currencies
the previous day. Spot prices, however, manage to hold above the 100-hour Simple Moving Average and currently trade just below the 142.00 round-figure mark. consolidates the overnight slide back closer to the monthly low in the wake of Federal Reserve Chair Jerome Powell's less hawkish remarks and turns out to be a key factor acting as a headwind for the USD/JPY pair.
It is worth recalling that the minutes of the April BoJ meeting showed on Wednesday that the nine-member board saw the need to keep ultra-low interest rates to support the fragile domestic economy.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
USD/JPY consolidates around 142.00 mark, just below YTD high set this TuesdayThe USD/JPY pair reverses an intraday dip and trades around the 142.00 mark during the early European session, just below its highest level since Nove
Les mer »
USD/JPY eases after refreshing yearly top above 142.00 as yields dribble amid full marketsUSD/JPY eases after refreshing yearly top above 142.00 as yields dribble amid full markets – by anilpanchal7 USDJPY YieldCurve BOJ Fed RiskAversion
Les mer »
USD/JPY climbs above 142.00 as US Dollar stays firm, Fed Powell’s testimony eyedThe USD/JPY pair has quickly jumped above 142.00 as the US Dollar has remained firm in the European session. Strength in the US Dollar is coming from
Les mer »
USD/JPY approaches 142.00 amidst Fed Powell testimony and risk aversionThe USD/JPY exchanges hands at around the 142.00 handle on Wednesday, after hitting a low of 141.28, as the Federal Reserve (Fed) Chair Jerome Powell’
Les mer »
USD/JPY falls below the zone at 141.50 ahead of BoJ minutesThe USD/JPY fell to negative territory losing over 40 pips below the 141.50 area as the Yen gained interest as markets anticipated a Bank of Japan’s (
Les mer »
USD/JPY looks vulnerable above 141.50 as investors anticipate BoJ’s stealth interventionUSD/JPY looks vulnerable above 141.50 as investors anticipate BoJ’s stealth intervention – by Sagar_Dua24 USDJPY BOJ Fed DollarIndex YieldCurve
Les mer »