NFP report and Eurozone CPI will be the week’s focal point on Friday FOMC minutes and ISM PMIs will also be crucial for the US dollar Canadian employment and Chinese PMIs might attract attention too Rate cut bets in overdrive It’s been one big rollercoaster ride for the US dollar in 2023, as hopes of […]
Jan 22, 2024
USD/JPY: Yen Pauses in Anticipation of Bank of Japan’s Decision
In 2024, the yen has significantly depreciated against other currencies. The USD/JPY chart indicates that since the first trading day of January, the exchange rate has risen by more than 5%. However, since the 18th, there has been a lull, and it may be disrupted today or tomorrow due to the Bank of Japan’s meeting, […]
The post USD/JPY: Yen Pauses in Anticipation of Bank of Japan’s Decision appeared first on Action Forex.