USD/JPY surges to near two-year high after Fed’s decision to deliver a hawkish hold

The USD/JPY is trading near the 160.20 price region, near a two-year high, after the Federal Reserve (Fed) decided to hold interest rates as widely anticipated, marking the last meeting chaired by Jerome Powell.

USD/JPY surges to near two-year high after Fed’s decision to deliver a hawkish hold
The USD/JPY is trading near the 160.20 price region, near a two-year high, after the Federal Reserve (Fed) decided to hold interest rates as widely anticipated, marking the last meeting chaired by Jerome Powell.

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