Saturday , 22 February 2025
Home Forex USD/JPY: Bearish bias on the day – OCBC
Forex

USD/JPY: Bearish bias on the day – OCBC

USD/JPY continued to trade lower, as expectations on BoJ hike next week continues to build. Markets are pricing in 22bp hike at the upcoming MPC (vs. 11bp hike expectations at the start of the new year). Pair was last at 155.69 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Bitcoin or Ethereum?

Bitcoin or Ethereum: Which Crypto is the Better Investment in 2025?The Crypto...

German election preview: History will be made on Sunday, what to watch for

On Sunday, German voters go to the polls in a high-contested election....

FX Weekly Recap: February 17 – 21, 2025

The majors were all about trade tensions and central banks’ moves this...

Global Market Weekly Recap: February 17 – 21, 2025

Geopolitical developments continued to be a driving force in the markets, initially...