Wednesday, 14 June 2023

Japanese Yen Drops After FOMC: Price Setups in USD/JPY AUD/JPY GBP/JPY

The JPY slipped against USD after the Fed signaled more rate hikes. Improving risk appetite and ultra-easy BOJ policy reinforce the bearish backdrop in JPY. What is the outlook for USD/JPY, EUR/JPY, and AUD/JPY?

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