US Dollar Strengthens Against Yen as Markets Await Powell’s Jackson Hole Speech
The US Dollar extended its rebound against the Japanese Yen on Friday, with USD/JPY climbing from Wednesday’s lows near 146.90 to levels around 147.65. Despite…
Posts Tagged: National Consumer Price Index (CPI)
Japanese Yen Gains Strength on Higher Consumer Inflation Figures, BoJ Policy Speculation
During Tuesday’s Asian session, the Japanese Yen (JPY) strengthened following the release of slightly higher-than-expected consumer inflation figures in Japan. This renewed speculation for a…
USD/JPY Recovery Amidst Strong Chinese GDP, Rising US Treasury Yields
Intraday USD/JPY currency pair gains reverse losses from before US economic data. The yen gained strength as Chinese GDP beat forecasts. The dollar gains strength…