Monetary policy divergence, Japanese current account and broad energy prices pressured the yen vs the G10 in 2022
The JPY is set to close lower vs the dollar by almost 20% this year, this would be the worst year on record, followed by 1980.
USD/JPY has retraced on Friday to trade lower by 1.0% at 142.7. As of time of writing, the yen is moving an average of 150 pips to the dollar every day for the last two-weeks
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