Japanese Yen Outlook: USD/JPY Fosters as Focus Shifts to Powell Speech

Investors continue to snap up U.S. Dollars after rising bond yields as well as optimism around the U.S. economic recovery. USD/JPY extends as Japanese Yen loses favor.

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British Pound (GBP) Latest: GBP/USD to Remain Stable, No Response to UK Budget

GBP/USD continues to trade just under the 1.40 level, with no sign yet of either a break higher or a break lower. Wednesday’s UK Budget had little in it to affect GBP.

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Dow Jones, S&P 500 Perched at Key Support as Attention Turns to Powell

Federal Reserve Chairman Jerome Powell’s upcoming speech may dictate the near-term trajectory of the US benchmark Dow Jones Industrial Average and S&P 500 equity indices.

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