USD/JPY supports near 146.00 after vertical sell-off The asset finds intermediate support as the impact of talks about exiting the negative interest rate stance begins to fade.
Meanwhile, the US Dollar Index (DXY) corrected slightly after a six-month high near 105.00 (Fed) favored keeping current interest rate policy unchanged in September due to falling inflation and economic outlook is bleak.
Overall, the U.S. dollar remained resilient as the Fed said the central bank is aiming to nudge the economy toward a “golden path,” meaning a decline in inflation without triggering a recession.
Meanwhile, the US Dollar Index (DXY) corrected slightly after a six-month high near 105.00 (Fed) favored keeping current interest rate policy unchanged in September due to falling inflation and economic outlook is bleak.
Overall, the U.S. dollar remained resilient as the Fed said the central bank is aiming to nudge the economy toward a “golden path,” meaning a decline in inflation without triggering a recession.
