USD/JPY Analysis: Yen Weakens to Two-Month Low

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As the USD/JPY chart shows, the Japanese yen has weakened sharply at the start of this week. Trading opened with a bullish gap, and today the exchange rate has risen to ¥150.65 per US dollar. The yen’s decline followed the recent election, during which Japan’s ruling Liberal Democratic Party elected Sanae Takaichi as its new […]The post USD/JPY Analysis: Yen Weakens to Two-Month Low appeared first on Action Forex.