USD/JPY slides towards 136.00 as BOJ-Fed game heats up ahead of US PCE inflation

USD/JPY slides towards 136.00 as BOJ-Fed game heats up ahead of US PCE inflation

USD/JPY is accepting offers to update the 14-week low during the four-day downtrend. BOJ’s Noguchi teases stimulus withdrawal to propel JPY lately. Fed’s Powell, US Treasury Secretary Yellen favored hopes of lower rate hikes. USD/JPY stands on shaky ground, extending the previous run south to the lowest levels since late August after the Bank of …

USD/JPY slides towards 136.00 as BOJ-Fed game heats up ahead of US PCE inflation Read More »