## USD/JPY remains steady around 147.50, with technicals indicating traders are waiting for new market catalysts
USD/JPY traded weakly today, with a slight decline of only 0.02%, and the currency pair is currently hovering between key moving averages. Amid expectations of a potential rate cut by the Federal Reserve in September, market sentiment remains cautious. However, the sudden resignation of Japanese Prime Minister Shinzō Abe could put pressure on the yen, as political uncertainty often prompts investors to seek the US dollar as a safe haven asset.
## Technical Analysis: USD/JPY fluctuat
View OriginalUSD/JPY traded weakly today, with a slight decline of only 0.02%, and the currency pair is currently hovering between key moving averages. Amid expectations of a potential rate cut by the Federal Reserve in September, market sentiment remains cautious. However, the sudden resignation of Japanese Prime Minister Shinzō Abe could put pressure on the yen, as political uncertainty often prompts investors to seek the US dollar as a safe haven asset.
## Technical Analysis: USD/JPY fluctuat