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Forex

USD/JPY Tumbles on Middle East Optimism

Guavy AI Editorial Team
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USD JPY
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The USD/JPY currency pair fell to near 163.50 as the dollar weakened due to optimism in the Middle East.

This move is attributed to the easing of tensions in the region, which has boosted investor confidence and led to a decline in demand for safe-haven assets such as the US dollar.

Markets.com operates through several subsidiaries, including Safecap Investments Limited, which is regulated by the Cyprus Securities and Exchange Commission under license no. 092/08.

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