USDJPY Breaks 160 as Warsh Turns Up Heat

USDJPY tested the 160 mark for the first time in a month. Kevin Warsh’s ‘hawkish’ rhetoric provided support for the US dollar. The US dollar reacted enthusiastically to Kevin Warsh’s ‘hawkish’ rhetoric, strengthening against the world’s major currencies. The recent slowdown in inflation did not mislead the Fed Chair. He considers the current monetary policy […] The post USDJPY Breaks 160 as Warsh Turns Up Heat appeared first on ActionForex.