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USD/JPY Outlook: Yen Recovers as BoJ Engages Prime Minister

USD/JPY Outlook: Yen Recovers as BoJ Engages Prime Minister
The US dollar stepped back from a 10-week high. Bank of Japan Governor Kazuo Ueda had discussions with Japan’s prime minister. Money markets indicate slightly less than a 50/50 chance of another 25 basis point Fed hike by November. Today’s USD/JPY outlook is bearish. The yen rebounded from a nine-month low after Bank of Japan … Continued The post USD/JPY Outlook: Yen Recovers as BoJ Engages Prime Minister appeared first on Forex Crunch... Read More
Posted: Aug 22 2023, 08:26
Author Name: forexcrunch
Views: 102645

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