USD/JPY appears at risk around 145.00, hitting its lowest level in over a week as safe-haven demand resurges.

USD/JPY kicks off the week on a weak note due to several negative factors. Speculations of rate hikes from the BOJ and a slight dip in global risk appetite are favorable for the JPY. The unexpected downgrade of US credit ratings along with dovish expectations from the Fed impacts the US dollar. The USD/JPY pair […]