USD/JPY Nears 152.00 Threshold, Reaches 1990 High

Wednesday, 27 March 2024, 02:48
The USD/JPY pair is on the cusp of breaching the significant 152.00 level, marking its highest level since 1990. Recent remarks from key figures like Ueda, Kanda, and Suzuki suggest a lack of resistance despite the yen's weakness, signaling potential further gains in the currency pair. With the USD/JPY at a historic peak, investors are keenly watching for any commentary or actions that could impact its trajectory.
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USD/JPY Nears 152.00 Threshold, Reaches 1990 High

USD/JPY Reaches Near 152.00

We had comments from Ueda a few minutes ago, he didn't push back on the weakness. Perhaps he'll have more to say. I would imagine so with how weak the currency is. Him or the other usual suspects (Kanda, Suzuki).

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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