The yen has lost around 30% of its value against the dollar since 2020. US Treasury yields and the dollar have risen since Trump won. US consumer inflation rose as expected in October. The USD/JPY outlook shows sharp declines in the yen as the dollar scales new peaks due to optimism about Trump’s election win….
The post USD/JPY Outlook: Trump Trade Sparks Sharp Rally Against Yen appeared first on Forex Crunch.
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