Laine Wiers

Forex Today: Investors will look at Japanese inflation figures

On: March 20, 2025

The Greenback made a U-turn, building on Wednesday’s post-FOMC recovery and climbing to weekly highs as investors reassessed the Federal Reserve’s lack of urgency in cutting rates. Here is what you need to know on Friday, March 21: The US Dollar Index (DXY) regained the smile and returned to theContinue Reading

USD/JPY slides below mid-148.00s, downside potential seems limited

By: Laine Wiers

On: October 6, 2024

In: Business & Finance

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