AUD/USD, NZD/USD, and USD/JPY Analysis: Momentum Builds Amid Trade Tensions and Mixed Data.AUD/USD, NZD/USD, and USD/JPY build positive momentum, reach resistance areas, and look for their next move.
Japanese Yen reverses Asian session dip; USD/JPY seems vulnerable below 144.00.The Japanese Yen (JPY) edged lower against its American counterpart during the Asian session on Tuesday, though it lacks any follow-through selling. Despite the Bank of Japan's (BoJ) dovish guidance last Thursday, the broadening inflation in Japan and prospects of sustained wage hikes keep the door open for further tightening by the central bank.