USD/JPY Remains Firm above 149.00 Ahead of BOJ Meeting
Market Update: Focus on Central Banks
There isn't much appetite to start the week so far and understandably so. All the attention is on central banks this week and we'll only see more notable moves when the time comes. For now, dollar pairs are lightly changed as narrow ranges prevail.
Key Levels to Watch
- USD/JPY remains underpinned above 149.00 ahead of the BOJ meeting
- EUR/USD is trading below the 1.0900 mark within an 11-pip range
Equities are cautiously optimistic with S&P 500 futures up 0.25%. Asian stocks also show a positive sentiment, especially the Nikkei rallying by over 2%. In the commodities market, gold retreats from recent highs.
Bitcoin consolidates above $68,000 post a weekend's volatile swings.
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