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

USD Declines Against JPY Despite Rising Across the Board

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.

Check Also

Euro Zone Consumers Lift Near-Term Inflation Expectations, Reinforcing View That ECB Has Finished Cutting Rates

Euro zone consumers nudged their short-term inflation expectations higher in October but kept medium- and …