USD/JPY Movement Amidst Trade Tensions and Risk Aversion
Recent fluctuations in the Forex market have seen the USD/JPY pair experiencing notable declines amidst rising trade tensions and fiscal uncertainties. The U.S. dollar has been under pressure against the Japanese yen as investors lean towards safer assets. This trend is compounded by technical analyses that suggest even potential countertrend rallies might offer opportunities for selling, rather than reversing the downward trajectory set in recent weeks.