20241230 Forex Trends - Yen Strength & PMI
ππ The Japanese Yen strengthens against the US Dollar on BoJ interest rate hike expectations; Japanβs PMI improves slightly π. US Dollar remains robust πͺ, supported by Fedβs slower rate cut hints. π Cautious market sentiment due to year-end activity. Key currency pairs show mixed trends with π bullish and consolidation signals across USD/JPY, EUR/USD, and GBP/USD. Low year-end trading volumes expected π€. Stay cautious of global risks influenced by economic slowdowns in Japan/China and central bank policies π¦!