Japanese Yen Exports Hit Record Levels; USD/JPY Testing 150 Again

Wednesday, 21 February 2024, 09:30
The Japanese Yen saw a surge in exports leading to USD/JPY testing the critical level of 150 again. Despite a slightly weaker Yen, the balance of trade data showed booming Japanese exports, impacting the currency pair's movement.
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Japanese Yen Exports Hit Record Levels; USD/JPY Testing 150 Again

Japanese Yen Exports Record High

Japanese Yen witnessed a significant surge in exports, driving economic growth.

USD/JPY Exchange Rate

The USD/JPY pair is currently hovering around the crucial level of 150 again.

  • USD/JPY: Testing psychological barrier.
  • Japanese Exports: Booming.

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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