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Japan ruling party heavyweight says BOJ policy tweak could pour could water on the economy

BOJ decision could pour could water on the economy, needs high attentionPolicy tweak sends a message to finally exit from easing policyOn the final point, that certainly is reflected by 10-year JGB yields but not so much in the Japanese yen currency. The poor method of communication from the BOJ itself is in part to blame I would say and with USD/JPY running up above 142.00 today, there is scope for the yen to weaken further based on the technicals at least. This article was wri... Read More

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Japan

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Heavyweight

Says

Policy

Tweak

Could

Pour

Economy

Forex

Posted: Jul 31 2023, 09:34

Author Name: forexlive

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