The Japanese Yen weakened over 2 percent in the aftermath of January’s Bank of Japan monetary policy announcement. If losses are sustained, this will end up being the best single-day performance for USD/JPY since March 2020. Let us take a closer look at what happened here. Well as it turns out, nothing much at all....Read More
Japanese Yen spikes lower as the Bank of Japan keeps policy settings unchangedAbsence of clear, strong FX intervention warning may have triggered Yen selloffUSD/JPY probing above key 145.00 threshold but struggling to follow-through The Japanese Yen spiked lower, with the benchmark USD/JPY exchange rate probing above the closely watched 145.00 figure, after the Bank of...Read More
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