Massive drop in USD/JPY and yen crosses. Technical analysis suggests gap fill ahead.
146.00 target ahead - Share your thoughts!
Source: forexlive.com
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FOMC Meeting Minutes - A Technical Analysis Approach for EURUSD - USDJPY
The FED decided to keep rates on hold at their November 1st, 2023, meeting at its current range of 525-550. The recent figures suggested that inflation is slowing down.
Source: marketpulse.com
USD/JPY Technical Analysis
In terms of technical analysis, the big fall in treasury yields keeps dragging the USD/JPY lower.
Source: forexlive.com
US CPI preview Will price pressures finally start to slow
If inflation prints at expectations, it would be the first meaningful decline in the annualized inflation rate since the depths of the COVID recession...
Source: cityindex.co.uk
USDJPY rockets to 5year highs with dueling central bank meetings on tap
Traders will be eager to see if the Fed follows in the footsteps of the ECB by emphasizing the inflationary risks of the conflict in Ukraine over the deleterious impact on economic growth
Source: cityindex.co.uk