Hello all traders. Today, let's explore and discuss the market trends. The USD/JPY pair has shown strength after retreating from its highest level in months at 147.87 during the early Friday Asian trading session. Currently, this currency pair is trading around 147.36, showing a 0.04% increase for the day.
Kanda expressed concerns about the recent depreciation of the Japanese Yen (JPY) and stated that policymakers will not rule out any options if speculative activities continue in the currency market. This specific statement had a negative impact on the performance of the USD/JPY pair.
Kanda expressed concerns about the recent depreciation of the Japanese Yen (JPY) and stated that policymakers will not rule out any options if speculative activities continue in the currency market. This specific statement had a negative impact on the performance of the USD/JPY pair.
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Good luck traders
