USD/JPY ticks higher to near 152.00, Fed Powell’s testimony in focus
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. The USD/JPY pair inches higher to near 152.00 in … Read more