US Dollar, USD/JPY Hold Firm Ahead of FOMC
Source: Forexcom - https://www.forex.com/en-us/news-and-analysis/us-dollar-usd-jpy-hold-firm-ahead-of-fomc/
Published: Jul 27, 2026 6:19 PM
The US dollar shrugged off crude oil's sharp decline following reports of renewed US-Iran negotiations, highlighting underlying demand for the greenback ahead of this week's FOMC meeting. With markets pricing a growing chance of further Fed tightening, attention now turns to Chair Kevin Warsh's guidance and whether DXY and USD/JPY can extend their bullish trends.
Market context: This update is relevant to USD traders, with USDJPY as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.
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