USD/JPY under pressure amid tariff jitters – OCBC

Greenback under pressure; safe havens outperform

THE US dollar resumed its descent on Wednesday (Apr 16), dropping across the board and losing the most ground to the Swiss franc and the euro as a new bout of tariff-induced nerves gripped markets.

Japanese Yen Surges as Weak US Dollar Fuels Momentum - Action Forex

The USD/JPY pair extended its decline on Wednesday, dropping to 142.36 amid sustained dollar weakness. Key factors driving USD/JPY Movements The Japanese yen’s appreciation is being propelled by broad-based US dollar softness. The greenback faced selling pressure as concerns grew over the economic fallout from proposed new US tariffs. In a fresh escalation of trade […] The post Japanese Yen Surges as Weak US Dollar Fuels Momentum appeared first …

USD/JPY under pressure amid tariff jitters – OCBC

USD/JPY continues to trade with a bearish tilt as tariff uncertainty and questions over the dollar’s safe-haven role persist.

Urgent Forex Alert: Dollar Under Pressure as Tariff Fears Rise; Euro Soars Ahead of ECB

In the fast-paced world of cryptocurrency trading, understanding the movements of traditional currencies like the dollar and euro is crucial. Why? Because the forex market’s currents often ripple into the crypto sphere, influencing trading strategies and market sentiment. Currently, the US dollar finds itself in a precarious position, drifting near recent lows as uncertainty around trade tariffs casts a long shadow. Meanwhile, the euro is displa…