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The USD/JPY pair has been trending lower recently, raising questions about the underlying forces driving this movement. Is it primarily due to weakness in the Japanese Yen (JPY), or a broader strengthening of the US Dollar (USD)?
Factors Affecting JPY:
Monetary Policy Divergence: The Bank of...
USD/JPY extends intraday rejection slide from 110.00 handles, falls to the fresh session low
A global risk-aversion trade underpins JPY and prompts fresh selling.
A modest USD retracement from 2-week tops adds to the intraday fall.
Speeches by FOMC members will now be looked upon...