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USD/JPY Price Analysis: Risk-on Sentiment Weighing Down USD

by Forex Crunch
March 17, 2023
in Forex Analysis
Reading Time: 1 min read

Major US banks intervened on Thursday to save First Republic Bank. Traders flocked to the yen, which is regarded as a haven. Japan reported export gains in February for the second year in a row. Today’s USD/JPY price analysis is tilted to the downside as the improved risk sentiment weighs on the US dollar, resulting … Continued
The post USD/JPY Price Analysis: Risk-on Sentiment Weighing Down USD appeared first on Forex Crunch.
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