The Story
News Summary
- The Japanese yen gained 3% against the dollar amid growing expectations of Bank of Japan interest rate hikes rather than government intervention.
- However, Capital Economics warns the rebound may be short-lived, projecting USD/JPY could eventually rise toward 160 by 2026 due to lingering fiscal headwinds.
Explore USDJPY price history & advisor snapshot
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Stored market data
USDJPY price history
153.55
-1.15% over the displayed period
Advisor Snapshot
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