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USD/JPY Forecast: JPY Rallies as Risk Deteriorates amid n Attack

Started by forex4you, Feb 24, 2022, 09:45 am

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Feb 24, 2022, 09:45 am
USD/JPY Forecast: JPY Rallies as Risk Deteriorates amid n Attack

Due to escalating geopolitical tensions, USD/JPY was heavily sold. The n invasion of e has caused downward pressure on the safe-haven currency JPY. In addition, the decline in US bond yields encouraged traders to bearish and increased their selling sentiment. The USD/JPY forecast is negative as the JPY strengthens across the board amid risk-off sentiment … Continued


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