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Fed hike 'certainty' pushes Asian currencies lower with yen down near 160

Published by Nikkei Asia · Japan
Fed hike 'certainty' pushes Asian currencies lower with yen down near 160
Nikkei Asia

Detailed summary

Hot inflation data and hawkish comments push investors to buy greenback

TOKYO -- Asian currencies including the Japanese yen and Australian dollar fell against the U.S. dollar on Thursday as investors priced in further Federal Reserve rate hikes, boosting demand for the greenback.

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