3/4/2021 10:54:18 AM GMT
USD/JPY Current price: 107.33
The Japanese Consumer Confidence Index improved from 29.6 to 33.8 in February.
US Federal Reserve chief Jerome Powell will offer a speech this Thursday.
USD/JPY trades at fresh 2021 highs, retaining its bullish stance.
Asian traders pushed the dollar up amid rising US Treasury yields, with the greenback retaining most of its gains as stocks turn red. The USD/JPY pair trades at fresh highs in the 107.30 price zone, its highest since July 2020. Speculative interest waits for a speech from US Federal Reserve’s head, Jerome Powell, eyeing comments on yields and possible adjustments to the monetary policy.
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