#us-dollar-strength

#us-dollar-strength

USDJPY touched 159.3 during the Asian session this morning, breaking above its 52-week high. This move is neither random nor purely technical; instead, it reflects a deeper shift in how the market is reassessing the relative strength of the U.S. dollar versus the Japanese yen. On the U.S. side, the strength of the dollar, with the DXY rising toward 98.8 - was reinforced after the latest inflation data failed to deliver the kind of cooling surprise markets had hoped for.