Note

USD/JPY MARKS UP A 34-YEAR HIGH AS USD RETURNS TO FAVOR

guntur360
· Views 15



  • USD/JPY rises to another multi-decade high amidst enthusiasm for the US Dollar. 
  • US economic exceptionalism and a massive US Treasury bond sale are fueling USD buying. 
  • Japanese Finmin verbal intervention warning is ignored by USD/JPY.  

USD/JPY pulls back a touch after making a new high for April – and the last 34 years – at 154.86 on Tuesday, as the US Dollar (USD) returns to favor amid continued optimism regarding the US economy. 


Edited 25 Apr 2024, 17:04

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

If you like, reward to support.
avatar

Hot

No comment on record. Start new comment.

Content related