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USD/JPY: Why the Yen is Weakening and Are Long Positions Relevant?
The USD/JPY pair on Thursday reached
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The USD/JPY pair on Thursday reached nearly a two-year high against the backdrop of a general strengthening of the U.S. dollar and a simultaneous weakening of the yen. Traders are confidently approaching the 161 figure. On the dollar's side are the hawkish signals from the Federal Reserve and strong macroeconomic data released in the U.S. over the past few weeks. The yen, on the other hand, is under pressure from several fundamental factors. First and foremost, the persistent
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Irina Manzenko,
Analytical expert of InstaForex
© 2007-2026
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Irina Manzenko
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