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The Japanese Yen rose to 152.89 against the US Dollar during Tuesday's trading, its highest level since February, bringing its cumulative gain for the month to 4.2%.
The Japanese Yen leads the G10 currencies in gains, as market expectations for a Bank of Japan (BOJ) rate hike intensify. A report released by the Japanese government on Tuesday showed that second-quarter economic growth exceeded expectations, and wage growth in July reached a nearly 30-year high, providing support for a BOJ rate hike at next week's meeting.
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Source：华尔街见闻 · Source Link
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