{"id":205994,"date":"2023-12-04T19:32:37","date_gmt":"2023-12-04T14:02:37","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=205994"},"modified":"2023-12-04T19:32:37","modified_gmt":"2023-12-04T14:02:37","slug":"usd-jpy-recovery-attempt-remains-capped-below-147-00-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/usd-jpy-recovery-attempt-remains-capped-below-147-00-crypto-news\/","title":{"rendered":"USD\/JPY recovery attempt remains capped below 147.00 &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<ul>\n<li><strong>US recovery loses steam with bulls capped at 147.00<\/strong><\/li>\n<li><strong>The cautious market mood\u00a0keeps the safe-haven Yen near recent highs.<\/strong><\/li>\n<li><strong>Hopes that the BoJ will exit its ultra-loose policy in 2024 are likely top support the Yen.\u00a0<\/strong><\/li>\n<\/ul>\n<p>The US Dollar is licking its wounds near three-month lows at 146.25, as the recovery attempts seen earlier on Monday have failed to extend above 147.00.<\/p>\n<h2 class=\"fxs_headline_medium\">The yen refuses to give way amid cautious markets<\/h2>\n<p>Price action is moving within a narrow range, with buyers defending the 146.25\/45 area as <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/technical-analysis\/sentiment\">market sentiment<\/a> falters. The risk sentiment seen on Friday, following Fed Powell&#8217;s comments has turned into caution, as the market turns its focus towards a string of key US data, which will provide more cues into the Federal Reserve\u2019s monetary policy.<\/p>\n<p>Beyond that, the market is increasingly convinced that the BoJ will start exiting its ultra-loose monetary policy, which is cushioning the Yen\u2019s downside attempts.<\/p>\n<p>Technical indicators show the broader downside trend intact, with the 147.05 resistance level closing the path to last week&#8217;s highs at 148.30 and 148.85. Supports are 146.50 and 145.95.<\/p>\n<h2 class=\"fxs_headline_medium\">Technical levels to watch<\/h2>\n<h2 class=\"fxs_headline_medium\">\u00a0<\/h2>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: US recovery loses steam with bulls capped at 147.00 The cautious market mood\u00a0keeps the safe-haven Yen near recent highs. Hopes that the BoJ will exit its ultra-loose policy in 2024 are likely top support the Yen.\u00a0 The US Dollar is licking its wounds near three-month lows at 146.25, as the recovery attempts seen earlier [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8626,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,276,255,250,252,247,253,249,275,256,254],"class_list":["post-205994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-currencies","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-usdjpy","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/205994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=205994"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/205994\/revisions"}],"predecessor-version":[{"id":205996,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/205994\/revisions\/205996"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/8626"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=205994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=205994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=205994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}