Japanese Yen Builds On Steady Intraday Ascent; USD/JPY Drops To Nearly Two-Week Low
Tuesday, May 20, 2025 12:50 AM EDT Image Source: Pixabay The Japanese Yen reverses a major part of the modest Asian session downtick amid BoJ rate hike bets. Dovish Fed expectations keep the USD bulls on the defensive and benefit the lower-yielding JPY. …