Fundamental: USD/JPY Forex Technical Analysis – Favorable Rate Hike Differential Puts 139.586 on Radar

The Dollar/Yen soared on Friday with the move driven by hotter-than-expected U.S. inflation data and consumer spending. Meanwhile in Japan, the incoming Bank of Japan governor made dovish comments that weakened the Japanese Yen. On Friday, the USD/JPY settled at 136.495, up 1.813 or +1.35%. The Invesco CurrencyShares Japanese yen Trust ETF (FXY) closed at ...     Alert Feb 27, 2023, 9:30am Fundamental: USD/JPY Forex Technical Analysis – Favorable Rate Hike Differential Puts 139.586 on Radar The Dollar/Yen soared on Friday with the move driven by hotter-than-expected U.S. inflation data and consumer spending. Meanwhile in Japan, the incoming Bank of Japan governor made dovish comments that weakened the Japanese Yen. On Friday, the USD/JPY settled at 136.495, up 1.813 or +1.35%. The Invesco CurrencyShares Japanese yen Trust ETF (FXY) closed at ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support