Hello everyone !
During the early hours of Asian trading on Friday, the USD/JPY pair is maintaining its recent gains within a limited range below the mid-147.00s. The robust US economic data has contributed to the strengthening of the US dollar (USD). Additionally, the US Dollar Index (DXY), which measures USD against six other major currencies, remains above 105.35 and near its highest daily close since March. At present, the pair is trading around 147.45 with a slight decrease of 0.02% for today's session.
During the early hours of Asian trading on Friday, the USD/JPY pair is maintaining its recent gains within a limited range below the mid-147.00s. The robust US economic data has contributed to the strengthening of the US dollar (USD). Additionally, the US Dollar Index (DXY), which measures USD against six other major currencies, remains above 105.35 and near its highest daily close since March. At present, the pair is trading around 147.45 with a slight decrease of 0.02% for today's session.
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good luck
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At the time of the survey, DXY measured greenback fluctuations with 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) down 0.08%; at 105.32.
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UJ is rising as indicated and has met resistance at 147.79
