USD/JPY jumps to nearly 145.00 as US dollar recovers strongly
USD/JPY rises to almost 145.00 as the US dollar recovers strongly. Positive US consumer confidence alleviates fears of a hard landing in the US. Investors are awaiting the Tokyo CPI and US core PCE inflation for July. The USD/JPY pair…
USD/JPY remains subdued at 146.50 as Jackson Hole takes center stage
USD/JPY is declining slightly to around 146.50 amid weakness in the US dollar. The Fed is widely expected to begin cutting interest rates in September. Japan’s robust GDP growth in the second quarter has increased expectations for further interest rate…
USD/JPY rises to nearly 148.00 as calm market sentiment hurts yen’s appeal
USD/JPY rises to nearly 148.00 as the Japanese yen’s safe-haven appeal has diminished. US inflation data will influence market speculation about the size of a Fed interest rate cut in September. Investors expect the US Producer Price Index (PPI) and…
