USD/JPY trades sideways around 152.00 as Fed Powell’s testimony takes center stage. Fed Powell is unlikely to provide cues about the timeline from when the central bank could resume the policy expansion cycle. Yen’s rally appears to have stalled, which was based on BoJ's hawkish bets.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.