USD/JPY slumps to near 146.50 as US Bessent anticipates BoJ interest rate hikes
Published 2 months ago
Aug 14, 2025 at 11:15 AM
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The USD/JPY pair falls sharply to near 146.50 on Thursday. The pair faces a sharp selling pressure as the Japanese Yen (JPY) outperforms its peers, following comments from United States (US) Treasury Secretary Scott Bessent that the Bank of Japan (BoJ) would raise interest rates.