USD/JPY Closing in 150 as Traders Pricing in Two More 75bps Fed Hike This Year

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USD/JPY Closing in 150 as Traders Pricing in Two More 75bps Fed Hike This Year

There were so many important headlines last week. USD/JPY surged to new 32-year high with support from stronger than expected CPI, and as 10-year yield broke 4% handle. Japan maintained their stance that they will act resolutely on market volatility, without actual intervention. DOW staged a historic 1500pts U-turn on Thursday but gave up much […]

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Source: USD/JPY Closing in 150 as Traders Pricing in Two More 75bps Fed Hike This Year