USDJPY Technical Analysis - Opportunity to buy the dip at even better levels? ...Middle East

forex live - News
USDJPY Technical Analysis - Opportunity to buy the dip at even better levels?
Yesterday, the Fed left interest rates unchanged at 5.25-5.50% as expected but delivered some dovish surprises compared to the hawkish expectations. In fact, although the recognized the recent slowdown in the disinflationary progress in the statement, they also signalled a bigger than expected QT tapering on Treasuries (from $60 billion to $25 billion vs. $30 billion expected) starting in June. Fed Chair Powell has also repeatedly pushed back against a rate hike as he said that they needed persuasive evidence to hike rates again. After the US Session close, we got a big downward spike in the USDJPY pair with the selloff accelerating soon after and the price falling for almost 500 pips in jus

Hence then, the article about usdjpy technical analysis opportunity to buy the dip at even better levels was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( USDJPY Technical Analysis - Opportunity to buy the dip at even better levels? )

Apple Storegoogle play

Last updated :

Also on site :