USD/JPY trades with modest gains amid positive risk tone, modest USD uptick
USD/JPY gains traction on Friday and moves away from over a one-week low set the previous day. The Fed-BoJ policy divergence and a positive risk tone undermine the JPY and act as a tailwind. The recent hawkish remarks by Fed officials help revive the USD demand and remain supportive. The USD/JPY pair builds on the… Read More »