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VERIFIEDMint Markets·neutral
Fed to Pressure Asian FX With Yen in Focus, Strategists Say
AI Summary
- ·The US Federal Reserve has implemented its first interest-rate increase since 2023.
- ·The Fed has signaled an additional rate hike is planned for later this year.
- ·These actions will put pressure on Asian currencies, with the Japanese Yen being a key focus.