FX summary: USD/JPY hovering around ¥157.70, supported by expectations that US interest rates will rise further

Dollar-yen traded around ¥157.70 against a backdrop of expectations for further rises in US interest rates. This level was reported as the prevailing market rate.

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The story

Dollar-yen was reported to be trading around ¥157.70 against a backdrop of expectations for further rises in US interest rates.

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At a glance

Foreign ExchangeTrading around ¥157.70 on expectations of further rises in US interest rates

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