March 12, 2026

USD/JPY rises as Oil supply fears and firm USD keep Yen under pressure

March 12, 2026

USD/JPY rises as Oil supply fears and firm USD keep Yen under pressure

USD/JPY extends gains on Wednesday as the Japanese Yen (JPY) remains under pressure amid concerns over Oil supply disruptions linked to the US-Iran war, as Japan relies heavily on imported energy, particularly from the Middle East.

USD/JPY extends gains on Wednesday as the Japanese Yen (JPY) remains under pressure amid concerns over Oil supply disruptions linked to the US-Iran war, as Japan relies heavily on imported energy, particularly from the Middle East.

Article written by AdminFF

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