Ang Japanese Yen ay nagpupumilit na makakuha ng lupa bago ang desisyon ng Fed
Pananalapi Ang Japanese Yen ay nagpupumilit na makakuha ng lupa bago ang desisyon ng Fed Balita ng Ethereum ng Bitcoin The Japanese Yen continues to be undermined by the divergent BoJ-Fed policy expectations. Bets that the Fed will keep rates higher for longer, lift the USD, and lend support to USD/JPY. The risk-off impulse underpins the safe-haven JPY and caps gains ahead of the FOMC decision. The Japanese Yen (JPY) registered heavy losses against its American counterpart on Tuesday and reversed a major part of the previous days sharp gains led by a possible intervention by Japanese authorities. The main driver of the JPY weakness is the interest-rate differential between Japan and the United States (US), which is expected to remain wide for some time. This, along with a goodish pickup in the US Dollar (USD) demand, provided an additional lift to the USD/JPY pair and contributed to the strong intraday move up. The USD buying remained unabated during the Asian session on Wednesday amid growing acceptance that the Federal Reserve (Fed) will keep interest rates higher for longer, bolstered by incoming US macro data that pointed to still sticky inflation. That said, the risk-off impulse – as depicted by the overnight slump in the US equity



