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USD/JPY Price Tests 115.00 After Hawkish Fed, Eying US Macro Data

Started by forex4you, Jan 31, 2022, 07:03 am

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Jan 31, 2022, 07:03 am
USD/JPY Price Tests 115.00 After Hawkish Fed, Eying US Macro Data

On Thursday, the USD/JPY continued to rise after a strong performance following the Fed meeting. The overnight rally in US bond yields and steady US dollar buying continued to support the dollar. The bullish sentiment seemed unaffected by the risk-off sentiment, which benefits the safe-haven JPY. At the start of the European session, the USD/JPY … Continued


The post USD/JPY Price Tests 115.00 After Hawkish Fed, Eying US Macro Data appeared first on Forex Crunch.


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