USDJPY – Signals from Fed About Future Actions to Determine Near-Term Direction

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USDJPY remains constructive and extends recovery on Wednesday, ahead of key event of the day – Fed interest rate decision. Markets widely expect the FOMC to raise interest rates by 25 basis points but will also focus on comments from Chair Warsh for clearer direction signal. There are two scenarios in play – rate hike […]The post USDJPY – Signals from Fed About Future Actions to Determine Near-Term Direction appeared first on ActionForex.