USD/JPY retreats over 50 pips from Asian session peak, slides below mid-147.00s – FXStreet

USD/JPY gained some positive momentum on Monday but struggled to capitalize on the move. Diverging policy forecasts from the Bank of Japan and the Federal Reserve proved to be the main factor restraining further gains. A positive risk stance could weaken the safe haven yen, providing some support to the currency pair. The USD/JPY pair […]