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JohnHarry_7
Feb 27, 2024 10:55 AM

Usdjpy  Short

U.S. Dollar/Japanese YenFXCM

Description

Japanese Yen remains supported by reviving BoJ pivot bets, US data in focus
The Japanese Yen (JPY) strenghtens during the Asian session on Tuesday following the release of slightly hotter-than-expected Japanese consumer inflation figures, which revived bets for an imminent shift in the Bank of Japan's (BoJ) policy stance.



USD/JPY is the forex ticker that shows the value of the US Dollar against the Japanese Yen. It tells traders how many Yen are needed to buy a US Dollar. The Dollar-Yen is one of the most traded forex pairs – second only to EUR/USD – and is a benchmark for Asian economic health and even the global economy. View the live Dollar-Yen rate with the USD/JPY chart and improve your technical and fundamental analysis with the latest USD/JPY forecast, news and analysis.[
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