USD/JPY Holds Near Four-Decade Highs as Yen Struggles on Oil, Rate Gap
USD/JPY traded flat on Friday, holding near four-decade highs, as the Japanese Yen continued to face headwinds from higher oil prices, Japan's wide interest-rate differential with major economies, and a resilient US Dollar.
USDJPY
USD/JPY traded flat on Friday, remaining near its highest levels in four decades.
The Japanese Yen struggled to attract buyers amid persistent headwinds, including higher oil prices, Japan's wide interest-rate gap with other major economies, and a resilient US Dollar.
Source: FXStreet Forex News