USDJPY sustaining on daily support level
USDJPY was down on Tuesday after testing the high level of 154.71 in the last trading session as The Japanese yen remained firm around 154 per dollar on Tuesday, up about half a percent so far this week, as US President-elect Donald Trump threatened additional tariffs on China, Mexico, and Canada, dampening global risk sentiment. The yen also gained support from Trump’s nomination of Scott Bessent as US Treasury Secretary, which provided a sense of stability in the markets and led traders to scale back their "Trump trades."
Recent News
GBPUSD Analysis
October 11, 2024
Market Insights
Dow Jones Holds Above Trendline Support,...
September 22, 2025
Market Insights
US Tech 100 Approaches Key Resistance at...
May 20, 2025
Market Insights
US Tech 100 Tests Key Resistance After B...
May 02, 2025
Market Insights
Dow Jones Approaches Key Resistance Near...
August 11, 2025
Market Insights
US CPI
December 11, 2024
Market Insights
