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Jan 12, 2026
USD/JPY Price Forecast: 158.00 caps upside as the pair consolidates near January 2025 highs
The Japanese Yen (JPY) gains modest ground against the US Dollar (USD) at the start of the week as the Greenback comes under pressure across the board, following reports of a criminal probe involving Federal Reserve (Fed) Chair Jerome Powell that have unsettled market sentiment.
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Jan 12, 2026
USD: Markets rattled as Fed receives grand jury subpoenas – Scotiabank
Markets have started the week with something of a jolt after Fed Chair Powell revealed in a statement Sunday evening that the central bank had been served with grand jury subpoenas.
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