USD/JPY slides below mid-148.00s, downside potential seems limited
2024-10-06
USD/JPY retreats after touching its highest level since August 16 amid intervention fears. Reduced bets for more BoJ rate hikes and an oversized Fed rate cut should lend support. Any meaningful corrective slide could be seen as a buying opportunity and remain limited. The USD/JPY pair struggles to capitalize onContinue Reading