USD/JPY Surges to 1986 High, Puts Pressure on Yen

Thursday, 27 June 2024, 09:45
The post analyzes the recent surge in USD/JPY, reaching highs not seen since 1986. Andrey Goilov examines the impact on the Japanese Yen amidst the strengthening US Dollar. The article delves into the implications of this upward trend and the potential repercussions on the forex market.
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USD/JPY Surges to 1986 High, Puts Pressure on Yen

USD/JPY Reaches 1986 Highs

The USD/JPY pair has recently hit levels last seen in 1986, signaling a significant milestone.

Yen Under Pressure

The Japanese Yen is facing mounting pressure due to the strengthening US Dollar, impacting forex markets.

  • Implications: The surge in USD/JPY may have ripple effects on global currency exchanges.
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