Yen Falls to Six-Year Low as Policy Divergence Seen Widening

The Japanese currency is trading around a six-year low. The yen breached the 120 mark against the dollar on Tuesday, and is set for its largest decline against the dollar since November 2020 amid expectations of a growing divergence in monetary policy between the Federal Reserve and the Bank of Japan. David Finnerty reports on “Bloomberg Daybreak: Asia.”

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