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JPY was stronger across the board following the release of consensus-beating inflation data, however, it will further inflation beats and the global central bank rate cutting cycle to break the currency's downtrend.
February 27,2024
From a technical point of view, the Dollar-Yen exchange rate is at a major pivotal area here.
February 15,2024
The Japanese Yen fell against all its peers on Thursday after a Bank of Japan official cautioned against expectations for significant interest rate hikes.
February 8,2024
The Japanese Yen has had a tough start to 2024 but will consolidate and avoid a repeat of 2023's weakness as the Bank of Japan remains set to exit its Negative Interest Rate Policy (NIRP).
February 6,2024
The Japanese Yen extended recent strength against the Dollar, Pound and Euro after the minutes from the most recent Bank of Japan meeting signalled an intention to raise interest rates.
January 31,2024
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