USD/JPY trades higher near 149.90 during the Asian session on Monday. The pair receives upward support following the comments from Bank of Japan (BoJ)
USD/JPY extends the gains for a second trading session on the upbeat US Dollar. Japan’s ruling LDP won the lower house seat but faced defeat in the House of Councilors poll in by-elections. Greenback strengthens on the back of higher US Treasury yields. Governor Kazuo Ueda on Friday. BoJ Governor Kazuo Ueda reiterated that the central bank remains steadfast in its commitment to achieve a 2% inflation target in a stable and sustainable manner.
Additionally, the upbeat US Treasury yields provide support in underpinning the US Dollar , with the 10-year US Treasury yield standing at 4.98%, up by 1.30%, by the press time. Federal Reserve Chairman Jerome Powell mentioned during the previous week that the central bank has no plans to raise rates. Powell also emphasized that further tightening of monetary policy is possible on further signs of growth.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
USD/JPY Weekly Forecast: Japanese Yen Staggers Towards 150JPY prices look vulnerable to another breach of the 150 resistance handle ahead of a US data focused week.
Baca lebih lajut »
Australian Dollar extends losses amid US Dollar rebounds, focus on US, Australia dataThe Australian Dollar (AUD) continues the losing streak for the fourth successive day on Monday. The AUD/USD pair faces challenges due to a rebound in
Baca lebih lajut »
Yen loiters around 150 as Middle East anxiety heightensYen loiters around 150 as Middle East anxiety heightens
Baca lebih lajut »
Taking to the Streets: Over 150 bikers demand improved bike network in ChicagoA recent report ranks Chicago as one of the world’s worst big cities to bike in. Now, cyclists in Chicagoland want to change th
Baca lebih lajut »
![Weekly forex analysis: EUR/USD, GBP/USD, AUD/USD and more [Video]](https://i.headtopics.com/images/2023/10/22/fxstreetnews/weekly-forex-analysis-eur-usd-gbp-usd-aud-usd-and--weekly-forex-analysis-eur-usd-gbp-usd-aud-usd-and--972D47259DE21523694E1CE3B91D095C.webp?w=640)
Weekly forex analysis: EUR/USD, GBP/USD, AUD/USD and more [Video]Weekly forex forecast covers forecast on EUR/USD , GBP/USD , AUD/USD , NZD/USD , USD/CAD , USD/JPY / Gold (XAU/USD) , Bitcoin (BTC/USD) , S&P500 , Cru
Baca lebih lajut »
US Dollar Forecast: The Fed and US Yields Sustain USD SupportProminent Fed members came out in support of holding rates, allowing the bond market premium to keep financial conditions tight. Added safe haven appeal prop us USD
Baca lebih lajut »