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The Dollar to Yen exchange rate is unlikely to breach the 150 level thanks to a potential shift in policy at the Bank of Japan that will allow a critical bond yield to test levels above 1.0%, in turn providing offering support to the JPY.
October 18,2023
A sudden surge in the value of the Japanese Yen suggests the possibility that the Bank of Japan has intervened in the market to defend the currency which has been steadily falling in value against the Dollar.
October 3,2023
The Japanese Yen extended its run of losses as the broad U.S. Dollar hit its highest levels of the year, and further losses for the currency can be expected.
September 26,2023
The Japanese yen continued its decline after a series of losses extending since around midnight yesterday.
September 22,2023
The Bank of Japan’s Friday meeting has the most potential to surprise among a ton of central banks announcing policy decisions this week.
September 21,2023
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