Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
## The US dollar's strength pushes the Japanese yen under pressure, with USD/JPY hitting a nearly three-week high
A new signal has emerged in the foreign exchange market—USD/JPY has risen above the 157.375 level, reaching the highest level in nearly three weeks. Although this rally appears moderate, with a 0.3% increase, it reflects the continued strength of the US dollar in the forex market.
From a technical perspective, the weakness of the yen relative to the dollar continues to be evident. The dollar's strength is often related to global risk sentiment, interest rate differentials, and capital flows. For cryptocurrency market participants, such fluctuations in USD/JPY also indirectly impact liquidity and trading activity in Asia.
The current USD/JPY breaking the three-week high indicates that demand for the US dollar remains strong, while the yen faces short-term depreciation pressure. This exchange rate volatility could have ripple effects on cross-border capital flows and trading patterns in the Asia-Pacific region.