USD/JPY is on downtrend after the decision of Complete vaccination program. Japan Ministry of Finance (MOF) announced today early morning that the cabinet’s approval of an emergency budget to battle the pandemic. “Japan's cabinet approved a 9.27 billion yen ($84.50 million) emergency budget to help the country's self-defense forces carry out medical aid amid the [...]
USD/JPY has launched a relishes moment ahead of the U.S. Federal Reserve led markets to bring forward the likely timing of a policy tightening there, while action in Europe and Japan remain distant prospects. The yen pair portrayed a strong recovery after the previous day in May, with the US dollar benefiting from a volatile [...]
USD/JPY pays attention on Bank of Japan’s (BOJ) monetary policy announcements, stays bullish moment on pair among early Friday. The reason could be traced to the US dollar’s sustained strength for its best weekly gain in about a month, supported by buying on investor worries about quicker U.S. interest rate increases and by rising virus [...]
U.S. Dollar were sidelined on trading ahead of a key report on producer price inflation and testimony by Federal Reserve Chairman Jerome Powell. Yesterday, Senate Democrats approved a $3.5 trillion investment plan, the U.S. announced plans for a new infrastructure investment. Senate Majority Leader Chuck Schumer said President Joe Biden's drive was a boost and [...]
