The Declining Yen: A Look into Its Battle Against the Dollar The Japanese yen has significantly weakened against major currencies, marking it as the decade’s worst performer. Particularly against the US dollar, the yen has fallen 37.8% since 2020, even reaching a 30-year peak above 151.50. Despite the dollar’s strong performance, a large majority of traders (74%) are betting on the yen to bounce back, anticipating a return to its average historical values. This suggests a widespread belief in a potential correction following its steep decline, highlighting investor sentiment for a mean reversion in the currency market. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Banking Sector Woes Propel Treasury Rally, Rate Cut Forecasts READ MORE Commercial Real Estate Concerns Lead to Higher Borrowing Costs for Banks READ MORE Silver Price Forecast – Silver Continues to Look Strong READ MORE Analysts See Gold Reaching $2,600 per Ounce Amid Strong Market Demand READ MORE How & Where to Buy Gold Bars [Complete Guide] READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment