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USD/JPY extends V-shape recovery near 158.00

The Japanese Yen continues to underperform against the US Dollar, which strengthens amid caution ahead of the Federal Reserve’s monetary policy decision at 18:00 GMT.

Original · FXStreet AI summary of public reporting

Why: Fed policy caution strengthens USD → pressures JPY

JPY

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At publication → Current
JPY157.84 → 157.67−0.1%
USD/JPY extends V-shape recovery near 158.00 | SignalHub