The primary driver for the USD/JPY climb was the Federal Reserve’s cautious stance on rate cuts, which boosted the US Dollar. A massive surge in Japanese exports (16.8% YoY) failed to lift the Yen due to the widening policy gap with the Fed. The pair is at a critical technical juncture, with a sustained close […]
The post The Battle for 155: Hawkish FOMC minutes fuel USD/JPY breakout hopes appeared first on ActionForex.
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