Yen Under Pressure: Trumping Political Shifts, Fed Hawkishness, and Japan’s Fiscal Dilemmas Drive USD/JPY Higher
USD/JPY soars past 157 as the yen weakens amid Japan’s political transition and fiscal concerns. Despite BoJ’s rate hike, markets doubt aggressive tightening soon. Meanwhile, a hawkish Fed and U.S. strength keep pressure on the yen. #Forex #USDJPY #BoJ