USD Extends Its Lead As Fed Cuts Price Out: USD/JPY To New Cycle Highs

USD Extends Its Lead As Fed Cuts Price Out: USD/JPY To New Cycle Highs

A major theme in markets is the progressive repricing for a more persistent and damaging US-Iran-Israel war, which would have long-lasting consequences on oil prices.

USD Extends Lead as Fed Cuts Price Out: USD/JPY to New Cycle Highs - ActionForex

Despite yesterday’s more optimistic US CPI report, Markets are now focusing on a bleaker inflationary picture ahead. A major theme in Markets is the progressive repricing for a more persistent and damaging US-Iran-Israel war, which would have a long-lasting consequences on Oil prices. Polymarket Odds for the War to End before April 30 As you […] The post USD Extends Lead as Fed Cuts Price Out: USD/JPY to New Cycle Highs appeared first on ActionF…

USD/JPY extends gains as Fed repricing and rising Oil prices pressure the Yen

The post USD/JPY extends gains as Fed repricing and rising Oil prices pressure the Yen appeared on BitcoinEthereumNews.com. The Japanese Yen (JPY) trades under pressure against the US Dollar (USD) on Thursday, with USD/JPY returning to levels that previously triggered official “rate checks” by Japanese authorities on January 23, reviving concerns about potential currency intervention. At the time of writing, the pair is trading around 159.18, ex…