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USD/JPY Price Surges Eying 130.00 as USD Firms up After FOMC

Started by forex4you, May 06, 2022, 05:11 am

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USD/JPY Price Surges Eying 130.00 as USD Firms up After FOMC

The USD/JPY pair regained positive momentum on Thursday, reversing much of the overnight fall. The positive tone of risk and the differences in the policies of the Fed and the Bank of Japan put pressure on the yen and provided some support. The prospect of further tightening by the Fed and higher yields on US … Continued


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