USDJPY rose on Wednesday, underpinned by more cautious tone on monetary policy by Fed Powell and increased purchases by Japanese importers. The dollar regained traction after chief Powell signaled that the central bank needs to have balanced approach as it faces two strong and opposite forces – weakening of the labor sector from one side […]
The post USD/JPY: Lift Above Daily Cloud Generates Fresh Bullish Signal appeared first on Action Forex.
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