USD/JPY climbed to 158.93 on Monday, marking the yen’s sixth consecutive session of decline. The Japanese currency is under pressure from a stronger dollar amid rising expectations that the Federal Reserve may raise interest rates this year to curb inflation. US inflation is accelerating due to the energy shock caused by the ongoing Middle East […]
The post USD/JPY Rises for Sixth Straight Day: Yen Back on the Cusp of Intervention appeared first on ActionForex.
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