USD/JPY in highs around 96.00

FXstreet.com (Edinburgh) - The USD is pushing the pair to session highs in the boundaries of 96.00 the figure after the FOMC left its monetary policy unchanged.

The Fed’s projections were slightly better, enough to spark hopes amongst investors of a taper in the September meeting. In the meantime, US yields are trading higher and the dollar is accelerating its upside.

At the moment the pair is up 0.89% at 96.14 with the next resistance at 96.09 (high Jun.13). On the flip side, support levels align at 94.43 (low Jun.18) ahead of 94.08 (low Jun.17).