fromLondon Business News | Londonlovesbusiness.com
2 months agoIs the USD/JPY facing dual pressures? - London Business News | Londonlovesbusiness.com
From my perspective, this decline is not merely a short-term move but a reflection of deeper shifts in global monetary sentiment-specifically the narrowing gap between the two countries' policies, which has already begun translating into accumulated selling pressure on the pair. Market behaviour during Thursday's session is clear: the entry of new sellers reflects a lack of confidence in the dollar's ability to maintain its momentum, especially after failing to capitalize on the modest rebound from 155.65, the lowest level in a week.