Japanese Yen Tumbles Past 159 per Dollar: Key Factors Driving the Surge

On March 24, the USD/JPY exchange rate surged past the 159 level, marking a 0.2% intraday gain. This movement highlights the widening monetary policy gap between the US and Japan, with the Fed's hawkish stance contrasting the BOJ's continued easing, putting sustained pressure on the yen. The shift may impact regional trade and capital flows.

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