USD/JPY Recovery Emerges Ahead of Federal Reserve Rate Decision
USD/JPY may continue to retrace the decline from the yearly high (144.99) as the Federal Reserve is expected to deliver another 75bp rate hike.
Source: dailyfx.com
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USD/JPY may continue to retrace the decline from the yearly high (144.99) as the Federal Reserve is expected to deliver another 75bp rate hike.
The Bank of Japan (BoJ) interest rate decision may prop up USD/JPY as the central bank remains reluctant to move away from its easing cycle.
The European Central Bank (ECB) interest rate decision may curb the recent rebound in EUR/USD as the Governing Council is widely expected to retain the current policy.