{
  "id": 7709374,
  "title": "Japanese Yen remains depressed near one-week low vs USD as traders await Fed, BoJ",
  "url": "https://urgent.news/2026/09/16/japanese-yen-remains-depressed-near-one-week-low-vs-usd-as-traders",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T05:12:42.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/japanese-yen-remains-depressed-near-one-week-low-vs-usd-as-traders-await-fed-boj-202609160512"
  },
  "original_language": "en",
  "account": "The USD/JPY currency pair is experiencing a near one-week low against the US dollar, with traders awaiting key events from the US Federal Reserve and Bank of Japan. During Wednesday's Asian session, the pair tested a high near 155.45-155.50 but lacked follow-through, indicating hesitation among traders. The Fed's policy meeting concluded on Wednesday, with a 25 basis point interest rate hike widely expected. Investors are closely monitoring the Fed's updated economic projections, including the dot plot and Chair Kevin Warsh's remarks. The USD's strength is driven by the anticipated Fed rate hike, oil-driven inflation fears, and geopolitical risks. However, the Bank of Japan's normalization path suggests a more hawkish stance, potentially limiting the bearish outlook for the Japanese Yen.",
  "summary": "The USD/JPY pair attracts some buyers for the third straight day and touches a one-week high, around the 155.45-155.50 region, during the Asian session on Wednesday. Spot prices, however, lack follow-through as traders seem hesitant ahead of the key central bank event.",
  "key_points": [
    "USD/JPY pair near one-week low vs USD",
    "Traders await Fed, BoJ policy meetings",
    "Fed rate hike, inflation, geopolitical risks drive USD strength"
  ],
  "editors_take": "The yen's depressed state suggests traders see the Bank of Japan's likely hawkish stance as not enough to counter the US dollar's strength driven by expected Fed rate hikes and other factors.",
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "The Economic Times - Top News",
        "title": "Global Market Today: Asian stocks steady as traders await Fed decision",
        "url": "https://urgent.news/2026/09/16/global-market-today-asian-stocks-steady-as-traders-await-fed-decision",
        "published": "2026-09-16T01:01:45.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Asian stocks steady as traders await Fed decision",
        "url": "https://urgent.news/2026/09/16/asian-stocks-steady-as-traders-await-fed-decision",
        "published": "2026-09-16T01:19:35.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Asian stocks stutter as traders prepare for Fed decision",
        "url": "https://urgent.news/2026/09/16/asian-stocks-stutter-as-traders-prepare-for-fed-decision",
        "published": "2026-09-16T03:24:45.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Asian stocks edge higher as Fed decision looms, oil rally pauses",
        "url": "https://urgent.news/2026/09/16/asian-stocks-edge-higher-as-fed-decision-looms-oil-rally-pauses",
        "published": "2026-09-16T03:50:49.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}