USD/JPY resilience above 131.50 mark amid rising US Treasury yields and global banking system recovery – by Dippusen USDJPY Fed Inflation
US regulators explore emergency lending expansion, bolstering USD against safe-haven Yen.
Fed's cautious stance on interest rates amid inflation concerns and banking crisis impact USD/JPY outlook.currency pair has found some stability above the 131.50 mark, as US Treasury bond yields rise. The US Dollar has reached a five-day high against the Japanese Yen due to US authorities' efforts to alleviate concerns surrounding the global banking system, which has helped calm investors.improved amid the ongoing banking crisis.
According to Bloomberg, US regulators are considering expanding an emergency lending facility for banks in ways that would grant First Republic Bank additional time to strengthen its balance sheet. This news has reduced concerns, leading the US Dollar to gain ground against the Japanese Yen as investors scaled back their demand for the safe-haven Yen.
On Wednesday, the U.S. Federal Reserve increased interest rates by 25 basis points as anticipated but maintained a cautious outlook due to the banking sector turmoil. However, Fed ChairMarket expectations for the US Dollar may remain subdued, as investors are pricing in approximately a 55% chance that the Fed will keep interestunchanged at its next meeting in May. Additionally, they anticipate a potential rate cut as early as July.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/JPY bulls move in on the 131´s as US Dollar firmsUSD/JPY is up 0.1% on the day and has traveled between 130.49 and 131.05 so far while the mood remains jittery after shares in Deutsche Bank fell 8.5%
Read more »
USD/JPY climbs to fresh daily high, around mid-131.00s amid receding safe-haven demandUSD/JPY climbs to fresh daily high, around mid-131.00s amid receding safe-haven demand – by hareshmenghani USDJPY RiskAppetite Bonds Fed Currencies
Read more »
USD/JPY Price Analysis: USD/JPY finds support at 130.00 amid banking support measuresThe USD/JPY experienced a sharp rebound after finding support at the 130.00 mark. The significant drop after reaching the March high of 138.00 for the
Read more »
USD/JPY advances toward 131.00 mark as US authorities confidence in financial stabilityThe USDJPY experienced a significant rebound from the 129.50 level after US authorities intervened to address market challenges stemming from rising c
Read more »
USD/JPY Price Analysis: Clings to gains around mid-131.00s, 200-hour SMA holds the key for bullsUSD/JPY Price Analysis: Clings to gains around mid-131.00s, 200-hour SMA holds the key for bulls USDJPY RiskAppetite Bonds Technical Analysis Currencies
Read more »
Pairs in Focus This Week \u2013 EUR/USD, Gold, GBP/USD, USD/JPYGet the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of March 26th, 2022 here.
Read more »