Published 9 days ago • loading... • Updated 8 days ago

Japanese Yen sticks to modest intraday gains against USD amid divergent BoJ-Fed bets

Summary by The New York Ledger

The JPY rebounds after touching a three-week trough versus the USD previously this Tuesday. Hawkish BoJ expectations underpin the JPY and cap USD/JPY in the middle of controlled USD need. Declining safe-haven need may keep a cover on any additional gains for the safe-haven JPY. The Japanese Yen (JPY) adheres to favorable predisposition through the early European session in the wake of hawkish Bank of Japan (BoJ) minutes, which revealed that poli…

This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

2 Articles

All

Left

Center

Right

World Stock Market

The Japanese and erosion and part of Tuesday ascending movement in a positive risk tone - World Stock Market

The Japanese Yen attracts some sales intradic on Wednesday, although he lacks continuation. Divergent expectations between the BOJ and the Fed should limit the USD/JPY in the middle of a contained USD price action. The operators also seem reluctant to the Tokyo CPI and the US Personal Consumption Expenditure Index (PCE) on Friday. The Japanese Yen (JPY) dropped during the Asian session on Wednesday after the publication of the Japan Services Pro…

8 days ago

Read Full Article