Traders Are Buying JPY

US DOLLAR HITS NEW FIVE-MONTH LOW VS YEN OF 147.05 YEN, LAST DOWN 0.6% AT 147.11. The USD/JPY pair has been declining, reaching a new annual low of 148.10 on March 4, 2025. Traders are selling the US dollar against the Japanese yen. There’s mounting anticipation that the Bank of Japan (BoJ) will raise interest rates again this year, strengthening the yen. Traders have increased bets on the Federal Reserve resuming its policy-easing cycle, with an 86% probability of a rate cut in June

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#USD #JPY #ForeignExchange #InterestRates #MarketTrends

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