USD/JPY in Range ,151 still acts as the key Level USD/JPY is exhibiting signs of a consolidated trading pattern, remaining confined below the 152.00 threshold
Dollar Index: Inflation Data: Investors are awaiting further indications of future U.S. interest rate cuts, with a focus on U.S. core personal consumption expenditure (PCE)
USD/JPY consolidates within the 151 range Technical Analysis: The USD/JPY pair achieved a modest new 34-year high at 151.971, eclipsing the peak set in 2022.
USD/JPY consolidates within the 151 range USD/JPY displayed resilience after a dip toward Friday’s low of 151, which corresponded to the 50% Fibonacci retracement level
Dollar Index: Monetary Policy and Interest Rates: The Federal Reserve’s monetary policy is a significant driver of the dollar’s direction. In 2024, central banks around
USD/JPY rises after BOJ Decisions to Raise rates for the First time in 17 Years Technical Analysis: The USD/JPY pair demonstrated strength into the Bank
Dollar Index: As of March 18th, 2024, the latest news impacting the USD revolves around various global economic events and market trends. Federal Reserve’s Interest
USD/JPY holds steady post-CPI release The USD/JPY currency pair has been holding steady below the rebound high witnessed on Tuesday post-CPI release. The chart illustrates
Dollar Index: As of March 11th, 2024, the latest news impacting the USD revolves around various global economic events and market trends. Federal Reserve’s Interest