USD/JPY Extends Losing Streak to Four Weeks Amid BoJ Rate Hike Bets
Here’s what traders need to know as the USD/JPY pair tumbled 2.43% in the week ending February 7, closing at 151.390.
The USD/JPY pair briefly climbed to a high of 155.880 before sliding to a low of 150.925. Last week’s moves reflected increasing speculation about a potential Bank of Japan (BoJ) rate hike.
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