In the foreign exchange market for the week that ended on July 27th, several factors were tangled up, such as the political scene in Japan, the development of U.S.-Japan trade talks and speculation of major central banks' monetary policies. After experiencing significant ups and downs, the USDJPY rebounded as the dollar was bought back late last week. Meanwhile, the EURUSD and GBPUSD advanced but failed to approach recent highs.

In the foreign exchange market for the week that ended on July 20th, the dollar gained moderate strength against major currencies. However, U.S. political news and economic data dominated the market. The USDJPY was especially sensitive to political risks and economic data throughout the week.

In the foreign exchange market for the week that ended on July 13th, the dollar strengthened against the yen due to several factors, including the development of the Trump tariffs and forecasts of U.S. and Japanese monetary and fiscal policies.