USD/JPY sticks to gains near 127.00 amid stronger USD, FOMC minutes awaited

Norge Nyheter Nyheter

USD/JPY sticks to gains near 127.00 amid stronger USD, FOMC minutes awaited
Norge Siste Nytt,Norge Overskrifter
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

USD/JPY sticks to gains near 127.00 amid stronger USD, FOMC minutes awaited By HareshMenghani USDJPY Recession EconomicIndicator Fed Currencies

Recession fears weighed on investors’ sentiment and benefitted the safe-haven JPY.pair surrendered its modest intraday gains and was last seen hovering near the lower end of the daily trading range, just below the 127.00 mark during the early North American session.

The market sentiment remains fragile amid growing concerns about softening global economic growth amid the prospects for a more aggressive move by major central banks to constrain inflation. Furthermore, the Russia-Ukraine war and the latest COVID-19 outbreak in China have been fueling recession fears, which continued weighing on investors' sentiment. This, in turn, extended some support to the safe-haven Japanese yen and acted as a headwind for the USD/JPY pair.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

FXStreetNews /  🏆 14. in US

Norge Siste Nytt, Norge Overskrifter



Render Time: 2025-03-20 15:03:57