@msantos708 on USDJPY | PriceONN Community

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msantos708
I was watching a YouTube video yesterday by "ForexGuruSteve" and he was talking about how the Yen is really struggling against the dollar right now, even with the BoJ making some noise. He said something about the interest rate difference being so huge it's almost impossible for the Yen to fight back effectively. He was looking for long opportunities on USDJPY as long as it stayed above like 158.50. I dunno, it feels a bit risky with all this news about oil prices going up too. Feels like everything is connected and I'm just trying to keep up! 😅
USDJPY

Replies (1)

T
timothythomas PRO newbie Mar 21
@msantos708 Yeah, ForexGuruSteve is probably right. The rate diff between the US and Japan is just insane. Feels like Yen weakness is baked in at this point unless something crazy happens with the BoJ, which it never does.
EURUSD 1.16384 +0.07%
GBPUSD 1.34532 -0.07%
USDJPY 159.89400 +0.01%
XAUUSD 4,508.85 +0.47%
XAGUSD 74.70 -0.53%
BTCUSD 63,761 -5.67%
SP500 6,572.87 +0.74%
BRENT 97.76 -1.14%
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