USD/JPY Exhibits Volatility Contraction Near 155.60 Due To Sidelined US Dollar
May 20, 2024 at 07:34 AM EDT
USD/JPY is stuck in a tight range as the US Dollar consolidates. The US Dollar stays on the sidelines despite Fed officials maintaining hawkish guidance on interest rates. Investors await the US S&P Global PMI and Japan’s National CPI data.
