Some JPY strength has taken USD/JPY down sharply towards 154.00.
No obvious immediate catalyst. It topped above 154.70 a good few hours ago and dribbled down to trade around 154.40/50 before its fall now.
The USD is weaker almost across the board today.
This article was written by Eamonn Sheridan at www.forexlive.com.
Recent Posts
Categories
Related Articles
Federal Reserve expected to deliver 25 bps interest-rate cut, shrugging off Trump victory
The US Federal Reserve (Fed) will announce monetary policy decisions following the...
AUD/USD bounces back strongly to near 0.6630 ahead of Fed policy meeting
The AUD/USD pair recovers almost entire Wednesday’s losses and climbs back to...
US election doesn’t change anything for the Fed near term – Commerzbank
Apart from the fact that it has postponed its meeting by one...
S&P 500 Technical Analysis – The stock market looks forward to Trump’s policies
Fundamental OverviewThe S&P 500 soared into a new all-time high following Trump’s...
Leave a comment