Daily Market Updates: Japanese Yen recovers modestly as Warsh reaffirms Fed’s 2% target

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Japanese Yen recovers modestly as Warsh reaffirms Fed’s 2% target

Reported · Written up by our desk · Major Pairs

The Japanese Yen (JPY) recovers some ground against the US Dollar (USD) on Wednesday after Federal Reserve (Fed) Chair Kevin Warsh crossed the wires, saying the FOMC will deliver price stability and is committed to the 2% inflation goal. USD/JPY trades at 157.89, down 0.02%.

Latest closeUSD/JPY 157.83 ▲0.2%

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FXStreetJapanese Yen recovers modestly as Warsh reaffirms Fed’s 2% target

Forex

Japanese Yen recovers modestly as Warsh reaffirms Fed’s 2% target

More like this

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