USD/JPY temporarily reached 153 yesterday, a level not seen in three months.
Snow White, a contributor to Seren, had been observing “the unrivaled performance of the U.S. economy” leading to dollar strength.
Now, even against the euro, which just saw an ECB rate cut last week, the yen is depreciating.
Has something changed in the FX market?
We conducted a special interview with Snow White to gain insights.
Q: Why is Trump’s victory seen as a factor for dollar strength?