Yen weakens against Greenback on post FOMC reaction

Source: WBP Online
© Scanpix/Reuters
The Japanese Yen fell slightly against the Greenback during the trading session in Asia, after FOMC gave no clear signals on the timeline of hiking interest rates. Moreover, the Bank of Japan's comments about concerns over Japan's economic strength sent the pair higher. The Dollar rose 0.15% to 124.1850 against the Japanese counterpart by 7:20 AM GMT and attempts to break resistance at the 124.5 level. 

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