USDJPY D1

25. Aug. 2020

The American currency made a strong fall. This was due to the unstable situation in the country. Because there are massive protests in the United States and because of this it is not possible to comply with the quarantine regime. Against this background, small and medium-sized businesses were forced to close. Which led to the fall of the national currency. The economy at the moment is held up only by large corporations. The growth of oil also played its role, the rapid growth of oil prices after the collapse in April created pressure on the dollar and this further exacerbated the situation. But large companies in America have given their reporting data and this fact should play a positive role in strengthening the American currency.