The Zhitong Finance App learned that on Tuesday, the yen came under pressure against the US dollar as traders bet that it would be difficult for Japanese policy makers to keep up with the hawkish pace of global central banks — which the market believes will maintain a large gap between Japanese interest rates and major economies. As of press time, USD/JPY was at 157.45.

The Zhitong Finance App learned that on Tuesday, the yen came under pressure against the US dollar as traders bet that it would be difficult for Japanese policy makers to keep up with the hawkish pace of global central banks — which the market believes will maintain a large gap between Japanese interest rates and major economies. As of press time, USD/JPY was reported at 157.45.