Japanese Yen recovers from two-week low vs USD amid divergent BoJ-Fed expectations.Japanese Yen recovers from two-week low vs USD amid divergent BoJ-Fed expectations
Yen weak, dollar steady in countdown to Fed.The yen looked punch-drunk on Wednesday after a sudden spill overnight, pressured by wide interest rate differentials between Japan and the rest of the world even as its central bank is widely expected to tighten policy next week.
Japanese Yen Forecast: USD/JPY Steadies Ahead of Key Fed Projections.Japanese producer prices lift BoJ hike expectations and pressure USD/JPY, with the Fed's rate cut outlook and dot plot now driving the pair's short-term direction.
Japan Producer Price Index (MoM) in line with expectations (0.3%) in November.Japan Producer Price Index (MoM) in line with expectations (0.3%) in November