On Wednesday, the USDJPY pair consolidated near 147.50, extending the previous session’s decline, despite weak Japanese foreign trade figures. Exports dropped by 2.6% y/y in July, marking the steepest decline in over four years, largely due to pressure from US tariffs. Imports fell by 7.5%, the fourth drop since the beginning of the year. However, […]
The post USDJPY Declines: Market Unfazed by Weak Japanese Statistics appeared first on Action Forex.