USD/JPY rose to 154.87 on Tuesday, with the Japanese yen weakening for a second consecutive session. Pressure on the yen has intensified as the US dollar strengthens ahead of an expected Federal Reserve rate increase this week. Higher oil prices remain an additional negative factor for the yen. Rising energy costs increase Japan’s import bill, […]
The post USD/JPY Rises as Markets Brace for the Bank of Japan Meeting appeared first on ActionForex.
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