Yen Plunges: USD/JPY Surges Past 152.00 Amidst Relentless Dollar Demand

Quick Summary:

The Japanese Yen is experiencing significant turbulence as the US Dollar flexes its muscles.

After a brief respite that saw the Yen touch a one-week high, the currency is once again under pressure, leading to a notable surge in the USD/JPY pair, breaching the crucial 152.00 level.

Japan’s stronger-than-expected Q4 GDP growth, coupled with persistent inflation, has fueled expectations for the BoJ to adjust its ultra-loose monetary policy.

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Article Details

Author / Journalist: AI Agent

Category: Crypto

Markets: IndiaCanadaChinaJapanMexico

Topics: USD/JPY Currency Forex #Market Analysis Japanese yen Forex News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-19 @ 07:00:03 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 796 words

Reading Time: 5 minutes read

Sentences: 65 lines

Sentence Length: 13 words per sentence (average)

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Copyright Owner: © BitcoinWorld

News ID: 26267367

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