USDJPY – Down
USDJPY trading plan:
Top U.S. Senate Republicans called on President Joe Biden to accept their party’s debt-ceiling package or make a counter-offer, while a top Democrat said the Senate might try to advance a „clean“ debt-ceiling hike next week. With barely a month to go before a possible catastrophic U.S. default, leaders of both parties hardened their standoff over the $31.4 trillion debt ceiling. Republicans in the Senate said Democrats needed to take seriously Speaker Kevin McCarthy’s legislation that passed the House of Representatives along party lines last week. „You’ve got a choice between accepting the House bill or entering a discussion,“ Senate Republican leader Mitch McConnell told reporters.
Investment idea: range 135.40 – 136.50.
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