USD/JPY traded at 159.16 on Friday. The yen is retreating slightly but appears less weak than previously, amid a two-week truce between the US and Iran. The decline in oil prices following the announcement of the truce has partially reduced stagflationary risks and provided some support to the Japanese currency. Investor focus is on the […]The post USD/JPY: Yen Fared Better, but Energy Rally Not Over appeared first on ActionForex.