USD/JPY has been affected by the ongoing war.

Create at 6 months ago (Apr 17, 2024 09:55)

Housing Start data for the United States fell by 14.7% in March, following a 12.7% increase in February, with building permits decreasing by 4.3% from a 2.3% increase, indicating a decline in real estate demand.


Jerome Powell emphasized the Fed's stance, stating that policy changes largely depend on economic data and not providing a definite assurance of starting interest rate cuts in June as inflation rates have not returned to the 2% target.


The Bank of Japan (BoJ) may be considering a more aggressive policy to push inflation rates down, which directly impacts the yen. Investors are awaiting GDP data and BOJ forecasts at the policy meeting on April 25-26.

 

Source: Fxstreet
 
USD/JPY news today

Overview
Today last price 154.62
Today Daily Change -0.10
Today Daily Change % -0.06
Today daily open 154.72
______________________________
Maximize your knowledgeClick
Keep up to date with global events and advanced analysis techniques: Click
 
Tags:

TECHNICAL ANALYSIS

ARTICLES