USD/JPY: The reasons behind the new momentum at 157.50 - London Business News | Londonlovesbusiness.com
Briefly

The hawkish stance of the US Federal Reserve (Fed) provides support for the USD/JPY pair, while the Japanese yen weakens due to the BoJ keeping interest rates and hinting at reducing bond purchases.
BoJ Governor Kazuo Ueda does not rule out raising interest rates, emphasizing caution in reducing bond purchases. This decision impacts the USD/JPY pair positively in the near-to-medium term.
Read at London Business News | Londonlovesbusiness.com
[
add
]
[
|
|
]