The Japanese yen continued its strong downward trend, reaching its lowest level since September 3 as traders reflected on the latest Federal Reserve and Bank of Japan (BoJ) interest rate decisions. The USD/JPY pair rose to 157.03, up sharply from this month’s low of 152.90. Bank of Japan hikes interest rates The USD/JPY pair continued [...] The post USD/JPY signal: forecast as Japanese yen drops after BoJ rate hike appeared first on ETF Alerts .
The Japanese yen continued its strong downward trend, reaching its lowest level since September 3 as traders reflected on the latest Federal Reserve and Bank of Japan (BoJ) interest rate decisions. The USD/JPY pair rose to 157.03, up sharply from this month’s low of 152.90. Bank of Japan hikes interest rates The USD/JPY pair continued [...] The post USD/JPY signal: forecast as Japanese yen drops after BoJ rate hike appeared first on ETF Alerts .This article was originally published by Etf Alerts.
Read Full Story on Source Site →
