Thursday, 21 March 2024

Japanese Yen (USD/JPY) Hits Four-Month Low

by BD Banks

Japanese Yen (USD/JPY) Hits Four-Month Low

The USD/JPY pair surged to a four-month high as investors recalibrated their expectations for the Bank of Japan’s future actions. The consensus is now that the BoJ’s monetary policy will remain accommodative, even with the shift away from negative interest rates. On Tuesday, the Bank of Japan announced its first interest rate hike in 17 […]

The post Japanese Yen (USD/JPY) Hits Four-Month Low appeared first on Action Forex.

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