During the Asian session on Thursday, the USD/JPY pair experienced a slight decline from its November highs and was trading around 149.40 with a positive bias. The market is currently cautious due to concerns about the US Federal Reserve's interest rate trajectory, as well as higher US Treasury yields and economic data.
Despite a decrease in consumer confidence in September, the US Dollar Index (DXY) managed to rise near 106.30. According to the US Conference Board's report on Tuesday, consumer confidence across all age groups in the United States has declined. In September, sentiment data dropped from 108.7 in August to 103.0. Households are expressing worries about consumer inflation, political uncertainty, and increased interest rates
Despite a decrease in consumer confidence in September, the US Dollar Index (DXY) managed to rise near 106.30. According to the US Conference Board's report on Tuesday, consumer confidence across all age groups in the United States has declined. In September, sentiment data dropped from 108.7 in August to 103.0. Households are expressing worries about consumer inflation, political uncertainty, and increased interest rates
Trade active
Note
good luck evryoneNote
Note
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.