USD/JPY STAYS HEAVY NEAR 147.50 AS RISK AVERSION LIFTS THE JAPANESE YEN
USD/JPY is struggling around 147.50 but slightly above recent lows.
Investors are worried about a global trade war and a slowing US economy.
These fears make traders prefer safe assets, increasing demand for the Japanese Yen.
The Yen gains strength, making the USD/JPY pair weaker.
Interest rate differences between the US Federal Reserve (Fed) and the Bank of Japan (BoJ) also affect the pair.
