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HIGH IMPACT FXStreet · May 13, 06:35 AM

Japanese Yen extends decline against USD amid rising hawkish Fed bets

The Japanese Yen (JPY) trades lower against the US Dollar (USD) during the European trading session on Wednesday, with the USD/JPY pair edging higher to near 157.70.

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The Japanese Yen is likely to continue its decline against the US Dollar as hawkish Fed expectations strengthen. This could push the USD/JPY pair further above 157.70.

AI-generated analysis. For educational purposes only — not financial advice.

The Japanese Yen (JPY) trades lower against the US Dollar (USD) during the European trading session on Wednesday, with the USD/JPY pair edging higher to near 157.70.

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