CoinGape
2024-04-29 11:49:04

Why Japanese Yen Strengthens Sharply Against US Dollar (USD), Shocks Crypto & Stocks

Japanese yen (JPY) made a sharp recovery against the US dollar after falling to 160 on Monday, a low last seen in October 1986. JPY fell to a low of 160 but saw a sudden recovery to 156 against US dollar. The US dollar started weakening after the Bank of Japan (BOJ) kept interest rates The post Why Japanese Yen Strengthens Sharply Against US Dollar (USD), Shocks Crypto & Stocks appeared first on CoinGape .

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