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Yen feels the heat as BoJ’s yield cap redefinition underwhelms

Japanese Yen is facing renewed pressure following BoJ’s policy announcement, where expectations for significant changes were left largely unmet. Instead, the central bank introduced a minor tweak in the language concerning its yield cap, resulting in underwhelming market reactions. USD/JPY is back above 150 mark, after dipping to 148.79 overnight. Under the Yield Curve Control […] The post Yen feels the heat as BoJ’s yield cap redefinition underwhelms appeared first on Action Forex...
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Posted: Oct 31 2023, 04:49
Author Name: actionforex
Views: 042162