USD/JPY Could Break Lower on No Policy Change From BoJ and Rising Global Risks
From Investing.com: 2025-06-17 06:59:00
USD/JPY fell after the Bank of Japan kept interest rates at 0.5% and announced plans to slow tapering. Retail sales data expected to drop 0.7% MoM. Safe-haven flows boost the yen amid Israel-Iran conflict. USD/JPY trades in a holding pattern, capped at 145 on the upside and 142 on the downside.
DAX drops as conflict between Israel and Iran continues. German ZEW economic sentiment data is awaited. DAX tests 23,300 support level after falling from record high. Rising oil prices raise concerns over inflation. President Trump’s actions add to risk-off sentiment. Technical analysis shows potential for DAX to rebound or decline based on support levels.
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