USD/JPY rose to 157.65 on Wednesday, marking a third consecutive day of gains. The yen came under pressure following stronger-than-expected US inflation data, reinforcing expectations that the Federal Reserve will maintain its hawkish stance. Market focus remains on the Bank of Japan. Following its April meeting, some policymakers signalled the possibility of a further rate […]

The post USD/JPY Continues to Climb Amid External and Domestic Pressures appeared first on ActionForex.