The USD/JPY pair has dropped to 151.56, marking a five-week high for the yen. Market speculations fuel the currency’s strength that the Bank of Japan (BoJ) might consider an interest rate hike as soon as December. This speculation was further supported by comments from BoJ Governor Kazuo Ueda, who acknowledged the need for potential rate […]
The post Japanese Yen Climbs to Five-Week High Due to USD Weakness appeared first on Action Forex.
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