Tuesday, 7 May 2024

Yen Rally Fizzles as US Dollar Climbs

by BD Banks

Yen Rally Fizzles as US Dollar Climbs

The Japanese yen is sharply lower on Monday after stringing together a three-day rally.  USD/JPY is trading at 153.92, up 0.62% at the time of writing. The yen took traders on a roller-coaster ride last week. The Japanese yen fell below the 160 level on Monday, setting another 34-year record before recovering. On Wednesday, the […]

The post Yen Rally Fizzles as US Dollar Climbs appeared first on Action Forex.

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