
USD/JPY tests 160 as dollar index hits 19-month high
The dollar index reached 103.17, its highest since April 2025, as traders priced a 14.5% chance of a 50-basis-point Fed hike and the yen tested 160.
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The dollar index reached 103.17, its highest since April 2025, as traders priced a 14.5% chance of a 50-basis-point Fed hike and the yen tested 160.