US EditionPairs Holds 148.75 as Fed Easing Meets BoJ Caution
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Pairs Holds 148.75 as Fed Easing Meets BoJ Caution
The USD/JPY pair has stabilized above the 148 handle, climbing to 148.75 with a 0.30% daily gain after wiping out yesterday’s decline. The rebound comes as U.S. data eased concerns about a stalling economy highlighted in the Beige Book, with traders repositioning ahead of Friday’s nonfarm payrolls. The pair’s price action since mid-August continues to confirm a sequence of higher lows and higher highs, reinforcing the short-term bullish channel …
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