USD/JPY Under Pressure as Yen Rises and December Rate Hike Expectations Grow

USD/JPY begins the week around 157.48. The Japanese yen rose for three consecutive sessions last week after the Bank of Japan held its key interest rate at 1.25%, as expected. At the same time, the BoJ sent a more important signal about future policy: according to the central bank, core inflation has finally reached the […] The post USD/JPY Under Pressure as Yen Rises and December Rate Hike Expectations Grow appeared first on ActionForex.