USD/JPY DIPS BELOW 140 FOR THE FIRST TIME SINCE SEPTEMBER 2024

USD/JPY DIPS BELOW 140 FOR THE FIRST TIME SINCE SEPTEMBER 2024
USD/JPY DIPS BELOW 140 FOR THE FIRST TIME SINCE SEPTEMBER 2024

USD/JPY DIPS BELOW 140 FOR THE FIRST TIME SINCE SEPTEMBER 2024

The pair has experienced a significant decline, breaching the 140.00 level, marking its lowest point since September 2024.

The U.S. dollar has weakened due to investor concerns over Federal Reserve policy.

President Trump's recent criticisms of Fed Chairman Jerome Powell have raised doubts about the central bank's independence, leading to reduced confidence in U.S. monetary policy.

The Japanese yen has strengthened against the U.S. dollar as investors seek safe-haven assets amid global uncertainties, including trade tensions and economic concerns.

Market participants are anticipating further interest rate cuts by the Federal Reserve, which could further pressure the U.S. dollar and support the yen.

Technical indicators suggest a bearish outlook for USD/JPY, with a potential for further declines if current trends persist.

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