The US dollar continues to achieve record gains against the rest of the other major currencies, and in the case of the $USDJPY currency pair, it moved towards its highest in 24 years.
and economic performance between the US and Japan remains in favor of the overall bullish trend for the currency pair. The US Federal Reserve continues to confirm that it is determined to raise the US interest rate more times until the record inflation in the country is contained, and at the same time, the economic performance of the United States provides it with enough impetus to pass it.
Tax income for the most recent fiscal year was 67 trillion yen , according to a statement issued by Japan's Ministry of Finance. With an unexpected big jump in sales and corporate tax revenue, total revenue increased about 10% from last year's record high of 60.8 trillion yen. The positive numbers suggest that Japan's recovery may be stronger than expected, and that less debt issuance may be required if tax revenue levels continue.
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