USD/JPY Rises Again: Yen Lacks Support as Bulls Take Control
Portfolio Pulse from
The USD/JPY pair climbed to 150.37, driven by reduced yen support due to potential US trade tariffs and the Bank of Japan's cautious monetary policy. Technical analysis suggests potential further upside with key resistance levels around 153.60.
March 26, 2025 | 9:30 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
The USD/JPY surge suggests potential upward momentum for the US Dollar, which could benefit the Invesco DB US Dollar Index Bullish Fund.
The strengthening USD/JPY pair indicates broader dollar strength, which could positively impact the UUP ETF tracking the US Dollar Index.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 70