USD/JPY regains recent losses, should BUY?
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USD/JPY recovered from losses recorded the previous day, trading higher around 147.70 during the Asian session on Tuesday. The pair is receiving bullish support ahead of interest rate decisions from the US Federal Reserve (Fed) and the Bank of Japan (BoE).
However, the US Dollar (USD) faces weakness due to the possibility that the Fed will maintain current interest rates in its upcoming meeting scheduled for Wednesday.
USD/JPY recovered from losses recorded the previous day, trading higher around 147.70 during the Asian session on Tuesday. The pair is receiving bullish support ahead of interest rate decisions from the US Federal Reserve (Fed) and the Bank of Japan (BoE).
However, the US Dollar (USD) faces weakness due to the possibility that the Fed will maintain current interest rates in its upcoming meeting scheduled for Wednesday.
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