MARKETS11:01 UTC12h ago 1 min readSource: FXStreet

USD/JPY: Verbal support grows as hike delayed – MUFG

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USD/JPY: Verbal support grows as hike delayed – MUFG
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MUFG’s Senior Currency Analyst Lee Hardman notes that the Japanese Yen (JPY) has remained weak even as the Dollar has corrected lower, with USD/JPY still threatening the 160.00 level.

AI Executive Brief
  • / Japanese Yen (JPY) remains weak despite Dollar's decline.
  • / USD/JPY pair is approaching the 160.00 level.
  • / Analyst Lee Hardman from MUFG highlights continued verbal support for USD/JPY.

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