Dollar firms as solid US data suggests Fed likely to slow easing cycle

The dollar strengthened as U.S. economic data showing a generally stable jobs market and a still robust services sector suggested that the Federal Reserve will likely slow the pace of its current rate-cutting cycle. The greenback rose to a near six-month peak against the yen.

The Dollar-Yen pair made a minor upwards correction in the last session, gaining 0.1%. The MACD is giving a negative signal.
Support: 156.27 | Resistance: 159.43