The USD/JPY pair attracts some dip-buying near the 149.35-149.30 area during the Asian session on Monday, albeit lacks follow-through and remains belo
USD/JPY edges higher during the Asian session, albeit lacks follow-through buying. Intervention fears cap the upside for the pair on the back of subdued USD demand. The divergent BoJ-Fed policy outlook continues to act as a tailwind and lend support. w a one-and-half-week high touched on Friday.
The bets were lifted following the release of the US CPI report last week, which showed that inflation remains well above the Fed's 2% target and supported prospects for further policy tightening. This remains supportive of elevated US Treasury bond yields and favours the USD bulls, suggesting that the path of least resistance for the USD/JPY pair is to the upside. Hence, any downtick might still be seen as a buying opportunity.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Japanese Yen Technical Outlook: USD/JPY, EUR/JPY, AUD/JPY Price SetupsJPY’s slide is looking tired against some of its peers, raising the risk of a minor rebound. What are the key levels to watch in USD/JPY, AUD/JPY, and EUR/JPY?
Les mer »
23 Female Stars Of '90s And '00s Teen TV Shows Then Vs. NowThe early '00s WB lineup was unmatched...
Les mer »
FX weekly — DXY and 14 currency pair levels and targetsUSD/JPY begins the week fairly neutral to overbought inside a range from short 150.51 to long 148.49. For the 3rd week running , GBP/JPY and EUR/JPY t
Les mer »
I won't allow my teen daughter to wear ugly clothesY2K (aka early 90s and ’00s) fashion is cool again with Generation Z but one mom isn’t loving the look, especially not on her teen daughter.
Les mer »
Emily Ratajkowski's Lips are Taking Us Back to the ‘00sFrosty finishes are heating back up.
Les mer »
Americans Send Help to Israel, Including Supplies That Range From Baby Formula to Tactical GearIsraeli blockade stymies efforts to help Palestinians trapped in Gaza
Les mer »