USD/JPY surged to a fresh two-year high after the Federal Reserve delivered a significantly more hawkish message than markets had anticipated, reviving expectations that US interest rates could rise again before year-end. While the Fed left the federal funds rate unchanged at 3.50%-3.75% as widely expected, the updated projections painted a much more inflation-focused picture. […]The post USD/JPY Hits Two-Year High as Hawkish Fed Revives Rate Hike Bets appeared first on ActionForex.