Greenback likely to remain higher against the Japanese yen
While both the dollar and the yen are down against other currencies in forex trading, the greenback maintains the upper hand in the USD/JPY pair. Indeed, the dollar has gained quite a bit in recent weeks against the yen.
The U.S. dollar forex trading forecast should be interesting in coming weeks. How the greenback does against an array of currencies is mainly dependent upon how the global economy is doing. Whether or not the global recession begins to recede will have a big impact on the U.S. dollar forex trading forecast.
For now, though, it appears that the greenback will remain strong against the yen this week. How it does against the euro in forex trading remains to be seen, but at the moment the euro has the upper hand.
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