USD/JPY jumps and eyes 160 as hawkish Fed lifts US Dollar
USD/JPY posted solid gains of nearly 0.40% on Wednesday after the Federal Reserve (Fed) kept interest rates steady, hinting at just one rate cut in 2026. At the time of writing, the pair trades at around 159.60, remaining volatile.
USD/JPY posted solid gains of nearly 0.40% on Wednesday after the Federal Reserve (Fed) kept interest rates steady, hinting at just one rate cut in 2026. At the time of writing, the pair trades at around 159.60, remaining volatile.
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