Japanese Yen eases ahead of key central bank meetings
The Japanese yen eased against the US dollar as investors adopted a risk-on mood. Markets awaited pivotal policy decisions from several major central banks this week.
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USD/JPY fell 0.1% to 157.66 on Tuesday as a risk-on market mood drove investors away from safe-haven assets. The currency pair moved further from its one-month high reached during the previous week. This shift comes as global traders prepare for a series of central bank meetings this week.