USD/JPY inches a little higher … 109 … not yet

We’ve got Fed Chair Powell speaking today (Wednesday US time) and expectations are he may well further water down expectations for FOMC easing.

USD/JPY has certainly been behaving that way. higher over the past week of trading sessions.

Its been lacklustre in the Asia morning so far, a very limited range but has just broken through its overnight high:

News today has been negative for the yen:


Articles You May Like

USD/CAD Spikes Lower on Strong Canadian Jobs Data
Introduction to the Online Forex Course
European pre-market: Major currencies not doing much
Live Forex Trading Stream for both Experienced and Beginner Traders
Oil Prices to Stay Afloat for as OPEC Emphasizes December Meeting

Leave a Reply

Your email address will not be published.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