The USDJPY accelerated higher in Asia/early Europe on Thursday, gaining over 1% and hitting new 24-year high, lifted by expectations for another big rate hike by Fed, as well as increased safe-haven demand on growing fears of a recession. Stronger than expected US inflation figures for June, released on Wednesday, showed inflation hit new highest […]
The post USD/JPY: Fresh Speculations that Fed May Opt for 1% Rate Hike Lift Dollar appeared first on Action Forex.
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