USD/JPY drops below 157.00: Warning signals or temporary correction? - London Business News | Londonlovesbusiness.com
Briefly

The USD/JPY pair's sharp decline signals a market return to balanced ranges after intense rallies, underscoring the interplay between economic expectations and monetary policies.
The Bank of Japan's hesitance to raise interest rates amid the yen's prolonged decline illustrates the challenges in achieving currency stability and highlights the need for bolder measures.
Trading volumes in Japan and the U.S. have dropped as the year ends, resulting in sharper price movements, with investors now awaiting U.S. ISM Manufacturing PMI figures.
The unwinding of carry trades, previously vital for USD/JPY's growth, reflects current market dynamics, marking a shift that could impact forex trading strategies.
Read at London Business News | Londonlovesbusiness.com
[
|
]