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via fxstreet.comMarkets

Yen extends range play vs USD as focus stays on Fed and BoJ meetings next week

FROM THE WIRE · FXSTREET.COM

The USD/JPY pair holds steady above the 158.00 mark during the Asian session on Thursday, extending its consolidative price action witnessed since the beginning of this month amid a combination of diverging forces.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralUpcoming Fed and BoJ decisions can move the USD/JPY exchange rate.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The USD/JPY pair holds above the 158.00 mark during the Asian session.
  2. 02The pair has been consolidating since the start of the month.
  3. 03The Fed and BoJ meet next week.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
US Dollar/Japanese Yen FX Spot RateUSDJPYFX pair157.9230-0.07%today -0.09%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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