Since Tuesday, October 20, the US Dollar has been depreciating actively against the Japanese Yen. The USD/JPY currency pair has already lost 0.83%.
It is likely that the Greenback loses value as investors became cautiously optimistic that an agreement on the US fiscal stimulus package could be reached ahead of the US election on November 3.
Additionally, people became more helpful that a coronavirus vaccine will be ready by the end of 2020.