USD/JPY Surges Towards 148.00 as Risk Appetite Improves

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The USD/JPY currency pair has rallied towards the 148.00 level, driven by a decline in safe-haven demand for the Japanese Yen. Improving market sentiment and receding recession fears have boosted investor risk appetite, supporting the US Dollar. Recent economic data, including a better-than-expected jobless claims report, has tempered concerns about a potential US recession. This […]