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USDJPY: Analysis of the usdjpy market today, January 4

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U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
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OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Technical Indicators Fundamental Analysis USDJPY forexsignals trading IDEA signal Forex tradingsignals intradaytrading signaltrading
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The au Jibun Bank Japan Manufacturing PMI remained in contraction territory for the seventh straight month and fell to 47.9 in December – the lowest level since February.
Predictions of a reversal in the policy divergence between the Bank of Japan (BoJ) and the Federal Reserve (Fed) in 2024 will continue to support the JPY.
Minutes from the December 12-13 FOMC meeting reflect consensus that inflation is under control and concern about the risks that overly restrictive policy could pose to the economy.
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