USD/JPY Near 160 as Yield Gap Drives Rally
The USD/JPY pair is currently positioned between 159.60 and 159.75 on Monday, hovering just beneath the significant 160.00 level, which has marked the upper limit of the Japanese monetary authority’s tolerance for yen depreciation over the last two years. The pair has achieved a 4.63% increase over the last four weeks — marking the most … Read more