-
USD/JPY Outlook: Will BoJ tweak YCC policy again?
The US/JPY has managed to climb back to the 140.00 handle, recovering nicely from the sub-138.00 levels it reached last week. However, the USD/JPY outlook now hinges on next week’s key central bank decisions from the US Federal Reserve and Bank of Japan. I wouldn’t be surprised if 140.00 now acts as a ceiling and we drift back towards 138.00 again ahead of those meetings. Dollar rebounds after bruising week It has been a good day for the dollar so far, rising sharply against the pound and yen, and adding to its recovery against the antipodean currencies. The dollar index was off a 15-month low, in other words, as ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jul 19, 2023 3:04pm Jul 19, 2023 3:04pm
- atillaken
- Joined Sep 2018 | Status: Member | 288 Comments
- Comment #2
- Quote
- Jul 19, 2023 4:53pm Jul 19, 2023 4:53pm
- TCentral
- | Membership Revoked | Joined Jun 2015 | 115 Comments
- Comment #3
- Quote
- Jul 19, 2023 8:37pm Jul 19, 2023 8:37pm
- Guest
- | IP XXXX:d30e:9985