Usdjpy has been down and ranging this week, and the usd has suffered against major pairs since the reciprocal tariff announcement by Donald Trump.
With the feds pressured to cut rates, the only hope for a rebounce of the Dollar is today's CPI and Jobless claims report, alongside the inflation report.
USDJPY; The pair is currently at 146, looking to close the fvg at 144, and if it all goes right, we look for further downside, but in all this let's take into consideration the the high impact news reports coming later today, that will highly impact rest of the week.
With the feds pressured to cut rates, the only hope for a rebounce of the Dollar is today's CPI and Jobless claims report, alongside the inflation report.
USDJPY; The pair is currently at 146, looking to close the fvg at 144, and if it all goes right, we look for further downside, but in all this let's take into consideration the the high impact news reports coming later today, that will highly impact rest of the week.
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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.