investingLive Americas FX news wrap 7 Sept: USD falls as the yen surges on BOJ rate-hike expectations

AI summary

<ul><li><a href="https://investinglive.com/commodities/crude-oil-technicals-buyers-test-key-resistance-near-93-50" rel="follow">Crude oil technicals: Buyers test key resistance near $93.50</a></li><li><a href="https://investinglive.com/stock-market-update/european-major-indices-close-mixed-on-the-day" rel="follow">European major indices close mixed on the day</a></li><li><a href="https://investinglive.com/commodities/copper-technicals-copper-reaches-a-new-record-high-on-the-lme" rel="follow">Copper reaches a new record high on the LME</a></li><li><a href="https://investinglive.com/technical-analysis/kickstart-the-north-american-fx-session-the-usdjpy-is-the-big-mover-the-eur-and-gbp-are-down-modestly" rel="follow">Kickstart the North American FX session. The USDJPY is the big mover. The EUR and GBP are down modestly</a></li><li><a href="https://investinglive.com/news/investinglive-european-session-wrap-oil-climbs-yen-surges-amid-us-holiday" rel="follow">investingLive European session wrap: Oil climbs, yen surges amid US holiday</a></li></ul><p class="PDq2pG_selectionAnchorContainer">The US dollar moved mostly lower in holiday-thinned trading, led by a sharp decline against the Japanese yen. US markets were closed for the Labor Day holiday, but that did not stop USDJPY from extending its recent move to the downside.</p><p>The pair fell 1.22% to 154.33 after reaching a low of 154.07—the lowest level in about six months. The yen has now strengthened by roughly 3.4% over the last