As the USD/JPY chart shows, the pair has been exhibiting bearish momentum since the beginning of the week. This move has been driven by a combination of factors: → Yen strength on political news. Prime Minister Sanae Takaichi secured a decisive victory in Sunday’s snap election (8 February), winning a parliamentary majority. Although Takaichi has […]
The post USD/JPY Drops by More Than 1% At the Start of the Week appeared first on ActionForex.
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