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via fxstreet.comMarkets

Yen near one-month top vs weak dollar as traders await Fed and BoJ meetings

FROM THE WIRE · FXSTREET.COM

The USD/JPY pair attracts fresh sellers following an uptick at the start of a new week, stalling Friday's modest bounce from the vicinity of the 156.00 mark, or its lowest level since September 18.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe dollar-yen rate is sensitive to expectations for Fed and Bank of Japan decisions.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The USD/JPY pair attracts fresh sellers after a modest start-of-week uptick.
  2. 02The pair had bounced from near 156.00, its lowest level since September 18.
  3. 03Traders are awaiting the Fed and BoJ meetings.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
US Dollar/Japanese Yen FX Spot RateUSDJPYFX pair156.8705+0.10%today +0.04%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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