USD/JPY TURNS LOWER TO NEAR 148.00 AMID DIVERGENT BOJ-FED EXPECTATIONS
USD/JPY is falling – The currency pair is moving lower, nearing 148.00.
Risk concerns support the Yen – Worries about a global trade war make the Japanese Yen stronger.
Different policies from BoJ and Fed – The Bank of Japan (BoJ) and the U.S. Federal Reserve (Fed) have different plans, which affect the currency pair.
Market cautiousness – Investors are being careful, adding pressure on USD/JPY.
