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Nov 02 - 04:55 PM

USD/JPY - Eyes 144.50 Intervention Lows After Fed, BoJ And MoF Rethinks

By Content Admin  —  Nov 02 - 02:55 PM
  • USD/JPY was already down on BoJ & MoF issues nL1N31Y0ZP pre-Fed

  • Fell after dovish read of Fed statement nFOM2MEI0M as Tsy yields dropped

  • Bounced on Powell: rates peak could be higher than expected nW1N2YE02E

  • Fed chair trying to ward off big, premature easing of financial conditions

  • USD/JPY low at 145.68 on EBS, but may close above 30-DMA at 146.47 again

  • Focus back on ISM services Thur and Fri's payroll report

For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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