@freddie8847 on USDJPY | PriceONN Community

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freddie8847
freddie8847 PRO newbie
USDJPY Mar 25
This news about recession odds really makes me nervous. If the economy is going to slow down, does that mean USDJPY will drop significantly? I'm still trying to get my head around how these broader economic factors actually impact currency pairs like this one. It feels like a lot to take in.
USDJPY

Replies (2)

freddie8847
freddie8847 PRO newbie Mar 25
And if things get really bad with the economy, maybe the Yen will strengthen more? I'm not sure if that's how it works though...
R
ronald1997 PRO newbie Apr 1
Hey @freddie8847, I feel you on that. It's hard to connect the big economic picture to what happens with currency pairs. I'm also kinda nervous about the jobs data coming out soon. My gut says if it's bad, the dollar might dip, which would mean USDJPY drops. But then again, sometimes the opposite happens, lol.
EURUSD 1.16375 +0.06%
GBPUSD 1.34489 -0.10%
USDJPY 159.84950 -0.02%
XAUUSD 4,508.62 +0.47%
XAGUSD 74.76 -0.46%
BTCUSD 64,105 -5.16%
SP500 6,572.87 +0.74%
BRENT 97.97 -0.92%
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