USD/JPY: JAPANESE YEN STANDS FIRM NEAR A MULTI-MONTH HIGH AGAINST A BROADLY WEAKER USD

USD/JPY: JAPANESE YEN STANDS FIRM NEAR A MULTI-MONTH HIGH AGAINST A BROADLY WEAKER USD
USD/JPY: JAPANESE YEN STANDS FIRM NEAR A MULTI-MONTH HIGH AGAINST A BROADLY WEAKER USD

The Japanese Yen is strong and near its highest level in months.

Investors expect the Bank of Japan (BoJ) to raise interest rates further.

Worries about trade tariffs and a weak market make the Yen more attractive as a safe-haven currency.

The US Dollar is weaker because people think the US Federal Reserve (Fed) might cut interest rates.

These factors are causing the USD/JPY pair to stay low.

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