Hello traders, what do you think about USDJPY? The Japanese Yen undermines the prevailing risk-on environment and the USD's modest recovery. Thursday's upbeat US macro data cast doubt on the Fed's interest rate cut in March and benefited the currency. The Fed's dovish pivot and the BoJ's hawkish expectations will limit any meaningful upside for USD/JPY. A fall to regulatory levels is expected with little volatility in this area
What is your view? Do you agree with me?❤️
What is your view? Do you agree with me?❤️
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