USD/JPY opens the week at 162.36 on Monday. The Japanese yen remains near its lowest level since 1996. Pressure on the currency is being exerted by a strengthening US dollar and a sharp rise in oil prices amid escalating conflict in the Middle East. The US military launched new airstrikes on Iran following the deaths […]The post USD/JPY Poised to Continue Gains as Expensive Oil and Lack of Support Weigh on Yen appeared first on ActionForex.