USD/JPY Faces New Weekly Lows: Dollar Weakness Persists
The US Dollar is under pressure as it exhibits weakness against the majority of G8 currencies on this Thursday. Market sentiment remains risk-averse due to fresh tariff threats from US President Trump, coupled with increased expectations of Federal Reserve cuts. As a result, the USD/JPY pair has dipped to fresh weekly lows below 143.60. This environment sets the stage for traders to re-evaluate their positions within this pair. Staying informed about these shifts can significantly impact trading strategies as market participants adjust to the evolving economic landscape. Watching for breaking news will be critical, as traders look for signs of potential rebounds or continued downward trends in the dollar’s value.