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USD/JPY Outlook: Yen Drops After BOJ Keeps Policy Unchanged
On Friday, the Bank of Japan (BOJ) maintained its ultra-easy monetary policy. The BOJ withdrew a commitment to retain interest rates at “current or lower levels.” Core consumer prices in Tokyo, the capital of Japan, increased by 3.5% in April. Today’s USD/JPY outlook is bullish. The yen collapsed after the Bank of Japan (BOJ) maintained … Continued The post USD/JPY Outlook: Yen Drops After BOJ Keeps Policy Unchanged appeared first on Forex Crunch...
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Posted: Apr 28 2023, 11:29
Author Name: forexcrunch
Views: 111669