USD/JPY paused briefly midweek after a series of solid gains, currently trading at 157.59. The Japanese currency remains under pressure from a strengthening US dollar amid concerns that a prolonged conflict in the Middle East could keep energy prices elevated and heighten inflation risks. The market has also revised its expectations for Federal Reserve rate […]
The post USD/JPY to Quickly Return to Growth: Momentum Favours the US Dollar appeared first on ActionForex.
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