ONTRADE Forex

USD/JPY Price Forecast: Struggles to lure buyers amid JPY intervention fears; US NFP eyed

USD/JPY Price Forecast: Struggles to lure buyers amid JPY intervention fears; US NFP eyed
The USD/JPY pair struggles to capitalize on the previous day’s modest gains and trades with a mild negative bias through the first half of the European session on Friday. Despite renewed hostilities in the Strait of Hormuz, investors remain hopeful for a US-Iran peace deal.

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