USD/JPY trying to stop the slide after three days of declines, sees 147.00 on Wednesday

BY admin admin

The USD/JPY is pulling back towards the day's early bids near 147.50 as the US Dollar gets a choppy boost from better-than-expected US Gross Domestic Product (GDP) growth figures and a hawkish appearance from Federal Reserve (Fed) officials to balance out Tuesday's hawkish Fedpeak.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Crypto Market Secrets Exposed! The REAL STORY Behind Today's Crypto Downfall!

<p>&nbsp;The world of cryptocurrency has always been a rollercoaster ride of highs and lows, with fortunes made and lost in the blink of an eye. While the crypto market is known for its extr

Forex

Bank of England Preview: Peak Approaching – GBP Headwinds to Set In

<p>We expect the Bank of England (BoE) to hike the Bank Rate by 25bp on 21 September, although august inflation released the day before marks a joker. We expect a peak in the Bank Rate of 5.50%.

Forex

Oil prices ride roller coaster

The volatility of oil demand is one of the reasons for the coronavirus spread. There is a risk of additional restrictive measures, as new outbreaks of the disease have been fixed in the United States,

Copyright © 2024 | WordPress Theme: Xews Lite