USD/JPY Holds From 163.650 as Desk Focus Shifts
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USD/JPY News And Catalyst Brief The story across the linked headlines is concentrated around inflation and central-bank policy. USD/JPY has an upside-leaning news bias because dollar and yield-sensitive headlines are still working against the yen, with inflation data and central-bank expectations shaping the move. For the trade plan, the news gives direction of risk while the chart decides whether that risk is tradable. Fomc recap: fed holds, but not quite the hawkish hold traders expected. traders are viewing the meeting as dovish in the near-term, though perhaps reflecting a central bank that may be falling behind the curve in fighting inflation – what does it mean for the ? the...
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