The Japanese yen continues to exhibit weakness against various currencies, including the USD, EUR, and CA as the strengthening dollar has propelled th
The Japanese yen continues to exhibit weakness against various currencies, including the USD, EUR, and CA as
the strengthening dollar has propelled the USDJPY rate to approach historical highs, notably nearing the 151.7 mark .
Nevertheless, a notable uncertainty lingers regarding the possibility of an agreement with the US government concerning the intervention by the Bank of Japan with such an agreement likely to be a prerequisite for any substantial actions and with the potential to have a significant impact on global trade.has played a significant role in the global inflation challenge as initial concerns about oil supply disruptions caused by the Russia-Ukraine conflict sent prices soaring, later pulling back.
Despite artificial supply constraints, record demand above 100 million barrels per day suggests that prices are unlikely to significantly decline and it seems like US president Joe Biden does not have any major solutions available as strategic reserves are unlikely to be deployed despite inventories continuing to be depleted.X-Trade Brokers Dom Maklerski S.A. does not take responsibility for investment decisions made under the influence of the information published on this website.
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