JPY/USD
Analysis

Japanese Yen Futures (6J) Stall Gains as Fed Hawks Dominate

On Thursday, Japanese Yen futures dropped to 0.007780 as the Yen faced renewed pressure amid global yields rise. Markets are now waiting for central bank policymakers, including Fed Chair Powell, to make comments that could trigger further gains. Bulls anticipate a possible retest of the multi-year lows surpassed earlier this week around 0.007735. As traders Read More…