Subscribe To
USD/JPY continues to look poised in hunt towards 140.00 mark
The pair was one that gave us early hints about the dollar's latest strength, alongside EUR/USD, with the break of the March and early May highs setting up the current upside push. The break above 138.00 was noteworthy and while there was a bit of a pullback on Friday last week, that has been quickly brushed aside in trading this week.It's been a pretty straightforward ramp higher for USD/JPY as there are a multitude of reasons, including the technicals, working in its favour as of late.For one,...
Read More
Posted: May 25 2023, 07:51
Author Name: forexlive
Views: 081444