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The USD/JPY currency pair has been experiencing a significant surge, reaching fresh 38-year highs. This rise is occurring amid a risk-off day, with U.S. traders closely watching economic indicators such as the JOLTS report and statements from Federal Reserve Chairman Jerome Powell. The strength of the USD/JPY pair has been a focal point in forex trading discussions.
More 38-year highs on USDJPY https://t.co/uPjGXeaan5
Why is USDJPY so Strong? https://t.co/fJFcJsFvnb
USDJPY climbs to fresh highs, risk off day but US traders eye JOLTS & Powell. Here's what I'm seeing today #forextrading #forex #daytrading #daytrader https://t.co/7POLs1KatU