USD/JPY Nears 158: Dollar Gains as Interest Rate Gap Widens—What’s Next for Forex?
USD/JPY near 158 as U.S. interest rate hikes outpace Japan’s steady low rates. The widening interest rate gap boosts the dollar against the yen, fueling carry trades and impacting trade balances. Investors should watch for potential BoJ interventions and policy shifts ahead. #Forex #USDJPY
