USDJPY gains remain limited
Updated
Today, the USD/JPY pair is facing difficulties in capitalizing on Friday's positive momentum and opened with a modest price decline on the first day of the new week.
However, spot prices are attempting to recover a few pips from the level below 149.00 or the daily low, although there is a lack of follow-through after the escalating geopolitical tensions in the Middle East, which tends to benefit the safe-haven Japanese Yen.
However, spot prices are attempting to recover a few pips from the level below 149.00 or the daily low, although there is a lack of follow-through after the escalating geopolitical tensions in the Middle East, which tends to benefit the safe-haven Japanese Yen.
Comment
USDJPY pair traded sideways unchangedComment
decreased as expectedTrade active
Order cancelled
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