USD/JPY continues to fall towards 156.00 as traders anticipate BoJ to raise rates in January
USD/JPY diminishes as traders examine the marketplace belief of the BoJ raising rate of interest in January.
The Japanese Yen is set to decrease more than 10% versus the United States Dollar in 2024.
United States Treasury yields fell by around 2% with 2-year and 10-year yields at 4.24% and 4.53%, respectively, on Monday.
USD/JPY extends its losses for the 3rd successive session on New Year's Eve, trading around 156.20 throughout early European hours on Tuesday. The Japanese Yen (JPY) is headed for a decrease of over 10% in 2024, marking its 4th straight year of compromising versus the United States Dollar (USD).
The USD/JPY set's drawback is credited to the enhanced Japanese Yen (JPY) as traders continue to evaluate the marketplace belief that the Bank of Japan (BoJ) might raise ra...