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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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The yen is strengthening after a sharp decline against the dollar


April, 29 2024

The exchange rate of the Japanese yen against the US dollar continues to strengthen, reaching 155 yen, which represents a noticeable improvement after falling to the lowest value in the last 34 years, which exceeded 160 yen. Market experts suggest that this strengthening may be the result of currency intervention carried out by the financial authorities of Japan, although official information about this has not yet been received.The main reason for the continued decline in the national curr... Read More

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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.