![[Quiz] Decoding USD/JPY: Test Your Insight on Recent Market Moves](https://socialstatic.fmpstatic.com/social/202601/4ab248ddbaad44f7a1f535f912b11a46.png?x-oss-process=image/resize,w_1280/quality,q_70/format,jpeg)
The USD/JPY sell-off has caught many traders’ attention. Was it due to intervention, or are other market dynamics at play? Test your knowledge of the key factors driving the USD/JPY movement and learn how to navigate this currency pair in uncertain times!
👉 The first 5 users with all correct answers win 10 Points each!
Quiz Questions:
1. What was the most likely reason behind the recent sharp sell-off in USD/JPY?
B. Weak US economic data
C. US Federal Reserve rate hike
D. Unexpected geopolitical events
2. What is the key price level that traders are watching in USD/JPY as a sign of potential intervention or a significant shift in the market?
B. 151.95
C. 154.45
D. 150.00
3. What are some potential consequences of unwinding carry trade in USD/JPY?
B. Increased interest rates to prevent rapid currency movement
C. A continued rise in the value of the Yen
D. Stronger economic growth due to reduced speculation
4. How does global risk sentiment affect the Japanese Yen?
B. The Yen weakens during periods of risk aversion as investors seek higher-yielding assets
C. Risk sentiment has little to no effect on the Yen
D. The Yen strengthens when the stock market is performing well
🏆 Event Rules:
- Comment your answers in this format: 1-A, 2-B, 3-D,4-C
- The first 5 users who answer both questions correctly will receive 10 Points 🎉
- Only clear and complete answers will be counted
Terms & Conditions
- Followme reserves the right to amend, update, or withdraw event rules and rewards without prior notice.
- Rewards will be distributed within 7–14 days after the event ends.
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- Edited or duplicate comments will not be counted
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