Reported about 9 hours ago
The Japanese yen has outperformed G-10 currencies this week, rising 1.9% as traders anticipate a narrowing yield gap between the US and Japan next month. The yen rose to 151.84 against the dollar and could strengthen further if both the Bank of Japan and the Federal Reserve alter their rate policies. Market expectations are building around a potential rate hike in Japan and a possible cut in the US.
Source: YAHOO