USD/JPY steady near 149.30 as Fed holds rates, signals caution

The key interest rate thus remains between 4.25 and 4.50 percent. The growth forecast for the US has been lowered.

USD/JPY Faces Obstacles on The Path Higher - Action Forex

Key Highlights USD/JPY struggled to continue higher above the 150.15 level. A connecting bearish trend line is forming with resistance at 150.00 on the 4-hour chart. GBP/USD could gain pace for a move above the 1.3000 resistance. Gold surged to another record high above the $3,040 zone. USD/JPY Technical Analysis The US Dollar declined heavily […] The post USD/JPY Faces Obstacles on The Path Higher appeared first on Action Forex.

[New York Joint] As of 5:00 p.m. on the 19th, the yen was trading at 148.63-73 yen per dollar, up 61 sen from the previous day, while the dollar was trading at 1.0897-0.907 dollars, or 162.08-18 yen. The Federal Reserve Board (FRB)

USD/JPY steady near 149.30 as Fed holds rates, signals caution

The USD/JPY climbs in Wednesday after the Federal Open Market Committee's (FOMC) decision to keep rates unchanged.

USD/JPY remains stable about 149.30 while the Fed keeps the rates and indicates caution - World Stock Market

The USD/JPY is around 149.37, little changed after the Fed kept the rates without changes but decelerated the balance reduction. Inflation remains high “something”, with the Fed reviewing the PCE and the underlying PCE, while the estimates of GDP and unemployment were reduced. The governor of the Fed, Waller, disappointed, favoring a rhythm of balance reduction without changes, while markets digest mixed political signals. The USD/JPY rises on W…

The US Federal Reserve has announced this Wednesday that, as expected, it keeps interest rates unchanged, which remain in the 4.25 - 4.5% range in which it already left them in January after cutting one point at the last three meetings in 2024.