The USD/JPY price remained in a consolidation phase in the past few days ahead of the upcoming Federal Reserve interest rate decision.
It was trading at 129.87, where it has been recently after the strong Tokyo inflation number. This price is about 2.12% above the current level.The USD./JPY reacted mildly to last Friday’s American personal consumption expenditure data. According to the statistics agency, the PCE dropped to 4.4% in December after falling to 4.7% in the previous month.
The Fed will pay closer attention to these numbers when it starts its first meeting of the year on Tuesday. Economists believe that the bank will continue with its hawkish talk as it hikes rates by 0.50% for two straight meetings.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
USD/JPY Price Analysis: Bulls attack 130.40 resistance confluenceUSD/JPY prints mild gains as buyers muster the courage to overcome the key 130.40 resistance confluence during early Monday morning, close to 130.10 b
Weiterlesen »
Pairs in Focus This Week -USD/JPY, BTC/USD, GBP/USD, AUD/USDGet the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of January 29th, 2022 here.
Weiterlesen »
USD/JPY seesaws near 130.00 as Yen traders await Fed, US NFP amid hawkish BoJ biasUSD/JPY remains on the back foot around 129.90, despite recently bouncing off intraday low, as the traders in Tokyo begin the key week with mixed feel
Weiterlesen »
USD/JPY is seen navigating within a range bound theme – UOBUSD/JPY is now expected to embark on a consolidative phase in the next weeks, likely within the 128.00-130.80 range. Key Quotes 24-hour view: “We high
Weiterlesen »
Biden FCC Nominee Gigi Sohn Sits on Board of Org that Honored OnlyFans DominatrixJoe Biden's far-left nominee for the FCC sits on the board of a nonprofit that defends online 'sex work' and gave an award to a dominatrix who boasts about urinating on people's faces.
Weiterlesen »
Darth Vader Sits On His Throne with Iron Studios Next Star Wars StatueIron Studios is back with a new and fantastic assortment of statues including a 1/4 scale Darth Vader sitting on his dark throne
Weiterlesen »