Japanese Yen remains stuck near long-term lows weighed by wide Fed-BoJ rate differential The Japanese Yen (JPY) remains on its back foot against a stronger US Dollar (USD) on Wednesday, with the USD/JPY pair approaching 40-year highs at 161.95 again.
The wide differential between the Bank of Japan’s (BoJ) interest rates and those of the world’s major central banks is keeping the