US dollar strengthens against yen

By X-blogger - on January 29, 2025
USD/JPY Daily Chart

The U.S. dollar strengthened against the yen amid fresh tariff threats from the Trump administration and as concerns over of the emergence of a low-cost Chinese artificial intelligence model faded. Trump said he planned to impose tariffs on imported computer chips, pharmaceuticals and steel.

The last session saw the Dollar rise 0.5% against the Yen. The MACD’s is giving a negative signal.
Support: 153.8 | Resistance: 157.33

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