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Yen Rout Continues: USD/JPY Surges to New Monthly Highs Despite Key Rate Decisions - ActionForex
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Yen Rout Continues: USD/JPY Surges to New Monthly Highs Despite Key Rate Decisions - ActionForex
The Japanese Yen rout shows no signs of abating, pushing the USD/JPY pair to yet another set of monthly highs despite tomorrow’s highly anticipated rate cut from the Federal Reserve, combined with expectations of another hike in Japan. The decisive driver behind the Yen’s continued weakness is the market’s profound distrust of the Japanese monetary […] The post Yen Rout Continues: USD/JPY Surges to New Monthly Highs Despite Key Rate Decisions ap…
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