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Japanese Yen Gains on Soft Dollar, Fed Dovishness, and Bullish BoJ Outlook

Japanese Yen Gains on Soft Dollar, Fed Dovishness, and Bullish Boj Outlook The Japanese Yen (JPY) has recently retreated from its strong gains against the US Dollar (USD), marking a second day of weakening on Wednesday. This shift comes after the US Federal Open Market Committee’s (FOMC) hawkish minutes and better-than-expected labor and consumer sentiment

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Japanese Yen Gains on Soft Dollar, Fed Dovishness, and Bullish BoJ Outlook

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