Dollar hits 38-year high vs yen

By X-blogger - on June 27, 2024

The dollar hit a fresh 38-year high against the yen, with investor speculation high that authorities in Japan could intervene to strengthen the Japanese currency, while global stock indexes were mixed.

The Dollar rose 0.6% against the Yen in the last trading session. According to the Ultimate Oscillator, we are in an overbought market.
USD/JPY gained 0.6% in the last session.
The Ultimate Oscillator points to an overbought market.
Support: 158.9467 | Resistance: 160.1767

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