USDJPY – Bearish Pressure Builds Amid Fed Dovish Expectations
USDJPY is trading around the 145.300 mark and showing signs of weakness, as the US dollar comes under pressure from growing expectations that the Federal Reserve may begin cutting interest rates in September. This sentiment is fueled by recent soft US data, including weaker retail sales and industrial production.Meanwhile, the Japanese yen is regaining some strength, supported by safe-haven demand amid geopolitical tensions in the Middle East and possible intervention signals from the Bank of Japan.
In the short term, I lean toward a corrective pullback scenario while awaiting clearer signals from the Fed.
Trade active
✅You can get 7-10 Forex, XAUUSD, Bitcoin...signal every day
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+6a8jSQbpr2tmYWFl
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+6a8jSQbpr2tmYWFl
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅You can get 7-10 Forex, XAUUSD, Bitcoin...signal every day
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+6a8jSQbpr2tmYWFl
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+6a8jSQbpr2tmYWFl
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.