Yen flounders near four month low, Fed in spotlight
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The yen is near a four-month low against the US dollar and a 16-year low against the euro following the Bank of Japan's decision to end its negative interest rate policy. The central bank expects to maintain accommodative conditions, keeping pressure on the yen due to US-Japanese rate differentials. The yen weakened to a four-month low of 151.34 per dollar and was last off 0.30% at 151.28. Against the euro, the yen weakened to 164.35, its lowest since 2008. The focus is on the Federal Reserve's decision due later on Wednesday.

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https://www.investing.com/news/economy/yen-flounders-near-four-month-low-fed-in-spotlight-3345149