USD Rallies Ahead of FED Rate Decision Forex USDJPY
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The US dollar experienced a slight rally during Wednesday's trading session, indicating signs of life as the market anticipates the Federal Reserve's rate decision.'s future direction hinges on whether the market perceives the Federal Reserve as slowing down or maintaining its aggressive tightening approach.AdvertisementIn regard to bond markets, the Bank of Japan continues its struggle to control the yield curve.
In the meantime, it’s expected that this pair will continue to be very choppy and noisy, which is nothing new.
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