US Dollar Shoots Higher vs JPY on US Retail Sales

The recent disappointing report on U.S. retail sales cast doubt on the notion that the economy is on the mend, putting the green shoots thesis in jeopardy. The US Dollar is one of the major beneficiaries of this trend, which is expected to continue through the second and third quarters. Although the latest figure was revised downward, the report remained positive, giving investors hope that the Fed will start tapering stimulus soon.

The US Dollar Shots Higher versus JPY on US Retail Sales. The dollar’s strength against the Japanese yen has contributed to a dovish tone in the global financial markets. However, the recent rise in the value of the U.S. currency may be a temporary phenomenon. It is likely to continue to trend higher in the coming months. The amiable approach to global markets will likely continue.

Despite the recent volatility in the global economy, the US dollar is holding up well against the Japanese yen. The rise in the value of the dollar is largely due to the fact that the number of jobs created by the U.S. is the highest in two years. In addition, the news of increased retail sales has led to renewed talk of tapering by the Federal Reserve.

The US Dollar is shooting higher against the Japanese yen following news that U.S. retail sales increased by 1.7% in October. The biggest gain since March 2010 has been seen in October. While this is bad news for the Japanese yen, the increase is encouraging. The U.S. consumer seems to have shrugged off the increased price. That said, the US dollar has a tendency to shoot up against the Japanese yen in the future.

As the US Dollar shoots higher vs JPY, the Japanese yen is gaining. The dollar’s strength is largely due to the government’s ability to maintain its position against the Japanese yen. The Japanese yen is expected to stay stable against the US yen. Thus, a stronger US currency would be welcome by the markets.

The US Dollar continues to benefit from the yen’s rising value. Last week, the US Dollar shot higher compared to the Japanese yen. Moreover, it was also the Japanese yen shot up in the same direction. As the market rallied, the US Dollar’s value was lifted by the strong stock price in Japan. The strong currency in the JPY caused the JPY to shoot up.

The US Dollar is now stronger compared to the Japanese yen. After a long period of falling yen, the US Dollar jumped against the Japanese yen. Moreover, the yen shot higher against the JPY on the back of falling stock prices in the market. This is the first time that the yen has strengthened against the US yen, and the yen’s value grew against the JPY.

The US Dollar’s strength against the JPY was also evident in the price of oil. While the yen has been weaker than the euro, the US Dollar’s value against the euro has risen significantly. While the dollar is weaker than the euro in the euro zone, it remains at its highest level since the Japanese currency is weaker than the yen in the U.S.

Traders put up a $15,000 margin to trade in the US yen. The downside is that the margin for a large leveraged trade is not very high. But it still has the potential to be profitable if the market is well-timed. A small risk of loss can result in a big profit. Therefore, it is prudent to diversify your risk-averse.