Title: USD/JPY Weekly Forecast: Bids Above 115 as USD Rebound, Eying CPI
Post by: forex4you on Feb 05, 2022, 11:51 am
Post by: forex4you on Feb 05, 2022, 11:51 am
USD/JPY Weekly Forecast: Bids Above 115 as USD Rebound, Eying CPI
Source: USD/JPY Weekly Forecast: Bids Above 115 as USD Rebound, Eying CPI (http://aroundworld24.com/2022/02/05/usd-jpy-weekly-forecast-bids-above-115-as-usd-rebound-eying-cpi/)
USD/JPY managed to rise from the weekly lows of 114.15 and closed the week at 115.15. Poor ADP figures weighed on the USD but upbeat US NFP gave back the strength to the dollar. Market participants are looking at US inflation data next week. The USD/JPY weekly forecast is slightly positive with an overall neutral … Continued
The post USD/JPY Weekly Forecast: Bids Above 115 as USD Rebound, Eying CPI appeared first on Forex Crunch.
Source: USD/JPY Weekly Forecast: Bids Above 115 as USD Rebound, Eying CPI (http://aroundworld24.com/2022/02/05/usd-jpy-weekly-forecast-bids-above-115-as-usd-rebound-eying-cpi/)