Samson-FX

USDJPY continues to increase fluctuations within 149.00

Long
Samson-FX Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Samson extends his greetings to all of you!
The value of USDJPY has been consistently rising, maintaining its upward trend and surpassing 148.00.

Currently, UJ is being traded at approximately 149.025, which marks a new record high. Moreover, the Federal Reserve has indicated their potential to raise interest rates at least once within this year. This allows the US dollar (USD) to remain strong and near its peak from the beginning of the year until now. It also serves as a driving force for the USD/JPY pair, assisting in its continuous growth.

What are your thoughts on this currency pair?
Comment:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.