The Japanese yen has seen growth against the greenback since 2018. However, a combination of low Japanese exports and a growth in demand for gold as a safe haven means that demand for the JPY/USD may be peaking. I expect the currency pair to trade in a stationary manner from here. Back in May, I made the argument that due to increased risk-off sentiment as a result of COVID-19, the Japanese yen has been seeing significant gains against the greenback and could be set to rise further from here. In spite of this, the JPY/USD has been hitting resistance of late. For instance, we see that the Swiss franc is up by nearly ... (full story)