@manJack on USDJPY | PriceONN Community

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M
Anyone else watching the US economic calendar today? There's some CPI data coming out later that could really shake things up for USDJPY. And don't forget the Fed minutes from the last meeting, that'll give us some clues on future rate hikes. Should be a wild ride if those numbers come in hot.
USDJPY

Replies (1)

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ayesha89 PRO newbie Mar 31
Hey @manJack, yeah I'm watching the calendar too, especially with this USDJPY moving pretty wild lately. That CPI data could definitely send it either way, and the Fed minutes are always a wild card for us dollar pairs. The Middle East situation is also making me nervous about the dollar's safe-haven appeal, saw a headline about USD/CHF struggling because of peace hopes. If that tension eases, could that push USDJPY down even more? I'm already seeing it dip below the 50 SMA. I'm a bit anxious to see what happens after those releases, might just stay on the sidelines unless a clear setup appears.
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