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The best-performing currency of the past month is the Japanese Yen, which has received another boost today.
December 5,2024
The recent announcement of new tariffs by U.S. President-elect Trump has sparked interest in the Japanese Yen (JPY) as a hedge against a broader trade conflict.
November 27,2024
The bullish trend on the USD/JPY remains intact, and this was again evidenced yesterday with rates bouncing strongly off the 21-day exponential moving average and the subsequent follow-up buying pressure today.
November 20,2024
The Dollar-Yen exchange rate has pulled back amidst a broader easing in the U.S. Dollar and increased talk of intervention in the FX markets by Japanese authorities.
October 25,2024
The Japanese Yen was under pressure after the Japanese Prime Minister cooled expectations for further interest rate hikes.
October 2,2024
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