Category forex

Yen Hits 40-Year Lows Against USD

USD/JPY reaches 161.46, a nearly 2-year high The Japanese Yen has weakened to a nearly 2-year low against the US Dollar. The USD/JPY pair has reached 161.46, the highest level seen since July 2024's yearly high of 161.99. This surge is spurred by a hawkish Fed an