US and Japan Central Bank Statements Push USDjpy Higher

Central bank meetings in the U.S. and Japan were the main focus last week. Both the Federal Reserve and Bank of Japan raised interest rates by 0.25% as expected, but their comments caused large market moves. All Fed members supported the rate increase, which surprised some traders. Higher U.S. interest rates and rising bond yields […]

The post US and Japan Central Bank Statements Push USDjpy Higher appeared first on ActionForex.