Published: 2024-02-23T06:00:32.000Z
USD/JPY flows: Fed Speakers highlighs cautious approach towards easing
FX Analyst
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Red speakers emphasized a cautious approach in adjusting monetary policy
Goldman Sachs joined the club for June cut instead of May
On Friday's Asia session, a slate of Fed Speakers emphasized a cautious approach in adjusting monetary policy. Goldman Sachs joined the club to revise their Fed rate forecast to a June cut instead of May. The impact towards the FX market is muted right now with U.S. Treasury Yields staying in the green.
USD/JPY is trading 0.06% higher at 150.61 as JGB yields slip.