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USD/JPY slides to near 151.50 as Japanese Yen strengthens on robust GDP growth

Summary by FXStreet

The USD/JPY pair slumps to near 151.40 in Monday’s North American session.

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World Stock Market

USD/JPY falls to about 151.50 while Japanese is strengthened by the robust growth of GDP - World Stock Market

The USD/JPY falls abruptly about 151.40 since Yen works strongly in all areas behind the optimistic data of the GDP of the fourth quarter of Japan. Preliminary GDP data from Japan’s fourth quarter showed that the economy expanded 0.7%. A delay in the Trump reciprocal tariff plan and the poor retail sales data would keep the US dollar at a disadvantage. The USD/JPY pair falls about 151.40 in the American session on Monday. The asset collapses sin…

6 days ago

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