The USD/JPY drove higher on Wednesday as the US Dollar (USD), the day’s single best-performing currency clambered over the Yen (JPY), the day’s biggest loser.
The USD/JPY has reclaimed the 151.00 handle heading into Thursday's market session after the US Dollar (USD) notched in a third straight green candle as the Yen (JPY) continues to slump against the broader market.
The Dow Jones gained while the Nasdaq 100 sank amid rising government bond yields in the developed space following unexpected rate hikes this week. Will the mood sour further ahead?