USD/JPY sides below 145.00 as Yen recovers from five-week low

  • The Japanese Yen (JPY) extends its winning streak against the US Dollar (USD) on Tuesday, building on Monday's gains as the Greenback stays on the defensive. Easing geopolitical tensions after a ceasefire between Iran and Israel has curbed safe-haven demand for the US Dollar, allowing the Yen to gain further ground.