Open Demo Account
Home / Market Update / Forex Market / USD Declines Against JPY Despite Rising Across the Board

USD Declines Against JPY Despite Rising Across the Board

M. Ali 18 June, 2021 1:58 am Forex Market, Market Update

The U.S. Dollar (USD) declined against the Japanese Yen (JPY) on Thursday, despite rising against most of its major peers.

The USD/JPY pair fell by 0.43% to 110.24, registering its biggest daily loss since June 4.

The pair has now declined in two out of the past three sessions, and seemed to struggle against major resistance levels, after rising to the 110.82 level, which was its highest since April.

Tags

Check Also

European Stocks Stumble as Fed’s 85% December Hike Bet Crushes Iran Peace Euphoria: Energy Giants Drag as Oil Slides

Key Takeaways Stoxx 600 opens lower: The pan-European index dipped 0.2%; FTSE 100 fell 0.5%, …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends