The USD/JPY exchange rate is currently trading near 149.98, experiencing a slight increase. Notably, during the Asian session, the pair briefly exceeded the 150 mark, although this occurred during a period of low trading activity. The recent depreciation of the yen can be primarily attributed to the widening interest rate gap between the US and Japan. US Treasury 10-year yields have surpassed 5.0%, while their Japanese counterparts remain at 0.87%. Despite this significant interest rate gap, th
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