Home / Market Update / Forex Market / USD/JPY Finishes with Best Gains in a Month

USD/JPY Finishes with Best Gains in a Month

The U.S. Dollar rose on Tuesday against the Japanese Yen (JPY), for the second day in a row, with investors adjusting their positions ahead of a global slew of major economic data and monetary policy decisions.

The USD/JPY pair rose 0.40% to 110.28, accordingly the pair managed to maintain the 110.00 key level.

The pair, which rose in seven of the past 10 sessions, scored its biggest two-day gains since August 6 to close at its best level since August 12.

Check Also

U.S. Jobless Claims Rise More Than Expected, Testing Labor Market Resilience After Fed Rate Cut

U.S. initial jobless claims climbed more than expected last week, breaking from the prior week’s …