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JohnHarry_7
Mar 3, 2024 2:55 PM

USD JPY Long  Long

U.S. Dollar/Japanese YenFXCM

Description

The Japanese Yen drifts lower on Friday and moves away from over a two-week high. The BoJ policy uncertainty and the risk-on environment undermine the safe-haven JPY. Hawkish Fed expectations underpin the USD and remain supportive of the momentum.




USD/JPY is the forex ticker that shows the value of the US Dollar against the Japanese Yen. It tells traders how many Yen are needed to buy a US Dollar. The Dollar-Yen is one of the most traded forex pairs – second only to EUR/USD – and is a benchmark for Asian economic health and even the global economy. View the live Dollar-Yen rate with the USD/JPY chart and improve your technical and fundamental analysis with the latest USD/JPY forecast, news and analysis.
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