Trader_BrianFX

USDJY: The trend of increasing continues to dominate!

FX:USDJPY   U.S. Dollar / Japanese Yen
USD/JPY has stabilized around the 154.50 mark, recovering some of its losses from Friday. A report from Reuters revealed that an Iranian official stated there are currently no plans for immediate retaliation against Israeli airstrikes, easing geopolitical tensions.

The US dollar gained momentum following hawkish remarks from Federal Reserve officials on Thursday, further bolstering the upward trajectory of the USD/JPY pair!

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