USD/JPY hits a 5-month high just shy of 158.00

December 20, 2024
-FCHFX, US Dollar

December 20, 2024 at 12:14AM
Yen weakening after the Bank of Japan left its short term cash rate unchanged at its meeting yesterday.

ForexLive Asia-Pacific FX news wrap: Bank of Japan leaves rates unchanged, yen slumps

ForexLive European FX news wrap: Yen tumbles on Ueda, BOE keeps rates steady

Despite inflation moving solidly higher:

Japan November headline CPI +2.9% (expected +2.9%, prior 2.3%)

This article was written by Eamonn Sheridan at www.forexlive.com.

USD/JPY hits a 5-month high just shy of 158.00

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