Yen Surges Past 150 as Trump Effect Fades, BOJ Rate Hike Looms

The Japanese yen has shown remarkable strength, climbing to 150 against the dollar. This move erases losses from Donald Trump’s unexpected return to power. On November 28, 2024, the yen reached 151 for the first time since October 22. This surge followed a slight acceleration in US consumer spending. The currency’s rise reflects deeper economic […]