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Yen is surging ahead of the Bank of Japan meeting on Friday

Yen is surging ahead of the Bank of Japan meeting on Friday
The Bank of Japan is widely expected to do nothing to change or tweak monetary policy tomorrow.But, that's not a unanimous view:Bank of Japan meet Friday. BNP is expecting the BOJ to widen YCC to +/- 100 bps (from 50)USD/JPY is dropping fast. Having said that, the USD is losing ground more widely, all major FX is higher against the dollar in the Asian morning here.The background to today's session here was the Federal Open Market Committee (FOMC) rate hike overnight:Forexlive Americas FX news wr... Read More
Posted: Jul 27 2023, 02:16
Author Name: forexlive
Views: 080829

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