USD/JPY Price Analysis: Modest recovery fails to alter broader bearish outlook
4 Articles
4 Articles
USD/JPY Price Analysis: Modest recovery fails to alter broader bearish outlook
The USD/JPY pair saw a slight rise on Tuesday, hovering around the 143 area as it edged higher within its daily range. The modest intraday rebound comes ahead of the Asian session but has yet to challenge the broader bearish signals dominating the chart.
The dollar struggles for direction - Monex Europe
USD The dollar struggled for meaningful direction to start the week, albeit Monday saw the DXY index drop 0.15pp in another choppy trading session. Today, Empire manufacturing for April and March import prices top the docket, with both set to garner more attention than usual given the recent tariff uncertainty, but still not likely to be significantly market-moving. Rather, we have our eye on tomorrow’s retail sales data as the key event of the …
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