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USD/JPY Price Analysis: Dollar Edges Higher Ahead of Powell

Started by forex4you, Dec 01, 2022, 05:19 am

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Dec 01, 2022, 05:19 am
USD/JPY Price Analysis: Dollar Edges Higher Ahead of Powell

Investors will scrutinize Powell’s speech for any signs of hawkishness. The likelihood of a 75bps hike has increased over the past few weeks to 37%. US consumer confidence fell to a four-month low in November. Today’s USD/JPY price analysis is bearish. The yen strengthened against the dollar ahead of a speech from Jerome Powell, the … Continued


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