While central banks around the world rush to turn hawkish, the Bank of Japan risks falling behind, and the yen remains under sustained pressure.

Zhito Finance APP has learned that on Tuesday, as traders bet that Japanese policymakers will struggle to keep pace with global central banks shifting toward hawkish policiesa view the market believes will keep Japanese interest rates significantly diverged from those of major economiesthe yen came under pressure against the US dollar. As of press time, USD/JPY was at 157.45.