USD JPY Maintains Gains Climbing mid 150.00s Ahead of Fed Powell Speech
The USD JPY currency pair experienced a strong performance, building on its overnight bounce from the lower end of 148.65, which was its lowest mark since October 11. This upward trajectory continues as the pair gains traction, climbing to new daily highs around 150.55 early in the European trading session. Traders now look ahead to the upcoming comments from Fed Chairman Jerome Powell, which could influence market sentiment and further drive the USD JPY pair’s movement. Investors need to stay alert to potential volatility as key economic events unfold.
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