Japanese Yen

FX Rate Updates

USD/JPY Faces Direction Dilemma in Holiday Market Split

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The US dollar showed fluctuations against the Japanese yen during trading, with USD/JPY indicating a challenge in gaining any definitive momentum. The US dollar demonstrated fluctuations against the Japanese yen during trading on Tuesday, with USD/JPY indicating challenges in gaining definitive momentum. In the near term, it appears improbable that we will witness substantial movement, … Read more

FX Rate Updates

USD/JPY Consolidates as Key Support and Resistance Come into Focus

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It is anticipated that the most probable scenario for USD/JPY, at least in the upcoming weeks, could involve a sideways movement as the pair establishes a range of approximately 350 pips. The US dollar has experienced a decline against the Japanese yen in early trading on Wednesday; however, USD/JPY is beginning to show some signs … Read more