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US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP /
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2024-05-13 13:05:03

US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP on Nostr: Japanese Yen Weakens as Investors Await Japan's Q1 GDP and US Inflation Data ...

Japanese Yen Weakens as Investors Await Japan's Q1 GDP and US Inflation Data
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#b9c27144 ver:1.15

The Japanese Yen weakens against the US Dollar as investors await Japan's Q1 GDP and US inflation data. The weak Yen is driven by concerns over rising inflation and a contraction in Japan's economy. The US Dollar is also under pressure due to concerns over the US labor market. The Yen's downside is supported by the 200-EMA, indicating a positive long-term trend. #JapaneseYen #USDJPY #inflation #GDP...

#newstr #JapaneseYen #Usd/jpy #Japan'sQ1Gdp #UsInflationData #BankOfJapan #UsDollar #Inflation #GrossDomesticProduct #ProducerPriceIndex #ConsumerPriceIndex

https://here.news/story/b9c27144?ver=1.15
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