forexfinancial-markets0.535 min read
"Intervention triggers USD/JPY plunge while Tokyo stocks suffer on U.S. rate worries"
2 years ago•Source: ForexLive
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0.815 min•2 years ago
"Dollar Strengthens Across Major Currency Pairs Amidst Market Uncertainty"
The US dollar is gaining strength as USD/JPY breaks above 147.00, with Treasury yields rebounding and contributing to significant moves in the forex market. The dollar has gained 20-40 pips against various currency crosses, while AUD/USD has seen a straight decline. Despite equities showing minimal risk aversion, the dollar is expected to continue its upward trend, with the USD/JPY chart indicating little resistance up to 150.00.
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