Yen rises broadly today as markets are awaiting Fed policy decision. The strength in Yen since last week seems to be related to inflation expectations. It first followed comments from an ECB official that the pandemic impact impact would eventually be demand dominate, and thus deflationary. Such view could be reflected in today’s Fed projections […]
The post Yen Surges as Traders Look Forward to FOMC Projections appeared first on Action Forex.