USD/JPY Rises Sharply To Near 158.00 Yen’s Safe-Haven Appeal Falters
January 14, 2025 at 05:24 AM EST
USD/JPY gains to near 158.00 as the safe-haven demand of the Japanese Yen has eased. Investors await the US inflation data for fresh guidance on interest rates. Fed dovish bets have lately trimmed on upbeat US labor market data for December.