Yen Strength Prevails Despite Quiet Forex Markets
The forex market displays subdued activity as traders observe the effects of the US Thanksgiving holiday, yet certain trends remain stable. The Japanese Yen (JPY) is enjoying strength, maintaining its status as the top-performing currency this week. This resilience stems from the ongoing decrease in US and European benchmark yields. Traders should consider how these yield trends could continue to impact forex movements, especially as the holiday season progresses and market dynamics shift.
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