USD/JPY tops 156 after Fed hikes rates 25bp to 3.75-4.00%

The dollar rose above 156 yen, a level widely watched as a possible trigger for Japanese intervention, after the Fed raised rates 25bp to 3.75-4.00% as expected and its dot plot signalled one more hike this year, accelerating dollar buying.

Detected & updated continuously · Source: Nebula