USDJPY rising today as the result of the strengthen dollar and weakening yen as the markets are waiting a U.S. Federal Reserve meeting for cues on its monetary policy outlook. The dollar is rising across the board after benchmark U.S. 10-year Treasury yield approached the 1.570% level. The yen – which is traditionally highly sensitive to the Treasury yield fluctuations is under the bearish pressure today. While no major policy changes are expected from the Fed’s two-day policy meeting ending on Wednesday, investors will pay close attention to Chairman Jerome Powell’s outlook on the economy. The Bank of Japan maintained its massive stimulus on Tuesday and projected inflation missing its 2% target for years to come – bearish signal for yen and bullish for USDJPY.
Торгуйте с настоящим брокером. Одни из самых низких спредов на рынках Форекс, драгоценных металлов, энергоносителей. Рыночное исполнение ордеров по лучшим ценам от поставщиков ликвидности первого уровня.
USDJPY overview 27.04.2021
USDJPY rises ahead of Fed policy meeting.
USDJPY rising today as the result of the strengthen dollar and weakening yen as the markets are waiting a U.S. Federal Reserve meeting for cues on its monetary policy outlook. The dollar is rising across the board after benchmark U.S. 10-year Treasury yield approached the 1.570% level. The yen – which is traditionally highly sensitive to the Treasury yield fluctuations is under the bearish pressure today. While no major policy changes are expected from the Fed’s two-day policy meeting ending on Wednesday, investors will pay close attention to Chairman Jerome Powell’s outlook on the economy. The Bank of Japan maintained its massive stimulus on Tuesday and projected inflation missing its 2% target for years to come – bearish signal for yen and bullish for USDJPY.
Except buyers on downward corrections.
Next resistance to watch – 108.80
Торгуйте с настоящим брокером. Одни из самых низких спредов на рынках Форекс, драгоценных металлов, энергоносителей. Рыночное исполнение ордеров по лучшим ценам от поставщиков ликвидности первого уровня.
Открыть счет
Последние сообщения
BRENT 14.07.2023
14 июля 2023GOLD 14.07.2023
14 июля 2023EURUSD 13.07.2023
13 июля 2023NZDUSD 13.07.2023
13 июля 2023USDCAD 12.07.2023
12 июля 2023Категории
Метки