Previous close | 155.1810 |
Open | 155.2010 |
Bid | 155.1450 |
Day's range | 154.1580 - 156.2830 |
52-week range | 133.6860 - 159.9610 |
Ask | 155.1530 |
The USD/JPY pair is one we are going to be talking about for some time. The issues in this pair are structural, not temporary.
The USD continues to crush the Japanese yen, as the interest rate differential isn’t going anywhere, and the Bank of Japan has essentially given up at this point, despite a potential intervention on Monday.
On 30 April – 1 May, the Federal Open Market Committee (FOMC) of the U.S. Federal Reserve (Fed) will meet to decide on key interest rates in the U.S. economy. The Fed is expected to leave rates unchanged.