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It was a mixed performance for the U.S. Dollar during the week ended April 26, amidst economic data that revealed growing uncertainties about the Fed's potential easing cycle and a volatile geopolitical situation in the Middle East.
The Japanese yen is swinging sharply on Friday. In the European session, USD/JPY is trading at 156.46, up 0.52%. It has been a busy Friday in Japan. Japanese
The Japanese yen continues to lose ground on Thursday. In the European session USD/JPY is trading at 155.61, up 0.17%. Earlier, the yen dropped to a 34-year low
An escalation in geopolitical tensions in the Middle East coupled with hawkish commentaries from Fed officials supported the Dollar during the week spanning April 15 to 19.
The Japanese yen showed some promise earlier, gaining as much as 0.48% against the US dollar as it rose to 153.59. However, it has pared those gains and is trad