Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Mar 19 - 09:55 PM

USD/JPY - Hits A 4-Month High As Focus Shifts To US Rates

By Krishna K  —  Mar 19 - 08:00 PM
  • USD/JPY hits 4-mth 151.07 high Wed after BOJ's shift from negative rates Tue

  • Boosted as BOJ stays with accommodative policy; JPY still a funding currency

  • Focus shifts to Fed rate decision, Powell press conference due later today

  • Updated economic and rate projections eyed as U.S. inflation remains sticky

  • Japan holiday Wednesday, illiquid markets likely to exacerbate moves

  • Tue range 149.00-150.96; resistance 151.60, 151.90-152.00, support 150.40-50

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!