USDJPY: Buyer's Opportunity!
Fundamental Overview
The USD Index, which follows the performance of the US dollar against other currencies, has declined and is impacting the USD/JPY pair. There are concerns about the banking sector crisis in the US, a potential recession, and the US debt ceiling, leading to speculation that the Federal Reserve may cut interest rates later this year. As a result, US Treasury bond yields are decreasing, causing the US dollar to weaken.
Plan trade in the intro ♥
The USD Index, which follows the performance of the US dollar against other currencies, has declined and is impacting the USD/JPY pair. There are concerns about the banking sector crisis in the US, a potential recession, and the US debt ceiling, leading to speculation that the Federal Reserve may cut interest rates later this year. As a result, US Treasury bond yields are decreasing, causing the US dollar to weaken.
Plan trade in the intro ♥
Transaction en cours
Transaction en cours
Plan trade in the introTrade fermée: ordre d’arrêt atteint
Hit full TPNote
The USD/JPY rose sharply after the first monetary policy decision by the Bank of Japan (BoJ) new Governor Kazuo Ueda struck a dovish tone, a greenlight for US Dollar (USD) buyers, against the Japanese Yen. (JPY). Therefore, the USD/JPY extended its gains of more than 1.73%, trading at 136.27.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.