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Japanese yen stays pressured to start the new week

Japanese yen stays pressured to start the new week

The yen is slipping to fresh lows on the day, with USD/JPY now up 0.8% to 132.45 with the currency also falling to daily lows against the rest of the major currencies bloc as well. This comes as speculation continues to intensify on Kazuo Ueda's soon-to-be appointment as the next BOJ governor.

He hasn't come out with guns blazing and yen bulls are fearing that he might just be Kuroda reincarnate at the central bank... Read More

Posted: Feb 13 2023, 08:34
Author Name: forexlive
Views: 082314

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