USD/JPY

Around 13.5% of daily trades. Known as “Gopher,” this pair is popular for its stability and low spreads, influenced by U.S. and Japanese monetary policies.

USD/JPY

USD/JPY Breaks 150: Yen Depreciation Accelerates as Dollar Dominates

USD/JPY breaks above the key 150 level, signaling strong bullish momentum fueled by U.S. dollar strength and Bank of Japan’s dovish stance. Watch for potential resistance near 151.50 and the risk of policy intervention from Japanese authorities amid widening interest rate differentials. #Forex #USDJPY #CurrencyMarkets

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