The USD/JPY pair trades sideways slightly below 154.00 in Monday’s early American session.
USD/JPY holds gains near 154.00 despite soft US Dollar. Weak US data builds pressure on the US Dollar. The speculation for Japan intervention to support the Japanese Yen remains firm. The asset consolidates as trading volume remain thin in Monday’s session due to holiday in Japanese markets on account of Children’s Day.
While investors speculate for the Fed beginning to reduce interest rates from the September meeting. Fed Governor Michelle Bowman said on Friday she would be willing to raise interest rates further if progress in inflation declining to the 2% stalls or reverses. On the Tokyo front, investors see the Japan intervening to uplift the Japanese Yen against the US Dollar. However, Japan’s intervention is a short-term support and won’t bring any fundamental change in the Japanese Yen.
BOJ Fed Dollarindex Yieldcurve
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/JPY Outlook: Hot US Inflation Propels USD/JPY to Worrying LevelsJapanese finance officials issued a further warning centered around the volatility of recent yen weakness, explicitly mentioning USD/JPY levels currently in play
Read more »
USD/JPY rebounds from 154.00 as investors digest fears of Japan’s interventionThe USD/JPY pair recovered intraday losses and rebounds to 154.40 in Thursday’s European session.
Read more »
Ambulance transporting patient sideswiped on Highway 154, paramedic injuredBy JOSH FRIEDMAN A vehicle sideswiped an ambulance that was traveling on Highway 154, transporting a patient to a Central Coast emergency room early
Read more »
Speculator Corner: Rob Liefeld's Wolverine #154 and #155In the year 2000, Rob Liefeld returned to Marvel Comics (again) after launching both Image Comics, Extreme Studios, Heroes Reborn and Maximum Press, to co-write and draw a couple of issues of Wolverine, issues 154 and 155 as well as co-write a few more with now-publisher of Image Comics, Eric Stephenson.
Read more »
Rams News: Los Angeles Drafts All-Pac-12 DE With No. 154 Pick In Fifth RoundThe Horns are selecting an intriguing prospect to help their defense.
Read more »
Vaccines Have Saved 154 Million Lives, Mostly Babies, Over Past 50 YearsGlobal vaccination efforts have saved an estimated 154 million lives, including 101 million infants, a new study led by the World Health Organization (WHO) shows.
Read more »