#currencytrading

USD/JPY Struggles to Surpass 150.00 Amid Profit-Booking, Yet Upside Potential Remains Strong

The USD/JPY currency pair has been facing a hurdle in recapturing the 150.00 level, as profit-booking exerts downward pressure on the US Dollar (USD). However, despite this temporary setback, the US Dollar continues to hold a stronger position due to the resilience of the US economy and the Federal Reserve’s (Fed) hawkish stance. Recent fluctuations […]