Japanese Yen rises slightly against a generally falling USD, before Fed/BoJ decisions.
The Japanese yen has bounced back from a weekly low against the US dollar. Immediate interest rate hikes by the BOJ and declining trade optimism may limit the yen’s recovery. Traders might hold back ahead of significant announcements from major central banks. During the Asian trading session on Wednesday, the Japanese yen (JPY) showed some […]
USD/JPY seems vulnerable near YTD low, around mid-140.00s ahead of Fed/BoJ meetings this week – FXStreet
USD/JPY is languishing near its lowest level since the start of the year due to differences in policy forecasts between the Fed and the Bank of Japan. Bears may refrain from making fresh bets ahead of central bank event risks this week. The Fed will announce its decision on Wednesday, followed by the Bank of […]