Thursday , 6 March 2025
Home Forex USD/JPY Price Analysis: Sinks to five-month lows fueled by reignited US recession fears
Forex

USD/JPY Price Analysis: Sinks to five-month lows fueled by reignited US recession fears

The USD/JPY collapsed to a five-month low of 146.41 on Friday following the release of worse-than-expected US economic data that increased the odds for a Federal Reserve cut at the September meeting.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Nifty 50 Index Elliott Wave technical analysis [Video]

Function: Counter Trend (Minor Degree, Grey). Mode: Corrective.

TRY: CBT continues cutting cycle while interest in FX continues unabated – ING

The central bank of Turkey will cut rates again by 250bp to...

SEK: Hot inflation supports SEK rally – ING

Sweden reported stronger-than-expected inflation figures for February this morning.

Eurozone Retail Sales rise 1.5% YoY in January vs. 1.9% expected

Eurozone’s Retail Sales rose 1.5% in the year through January after a...