Japanese Yen stands tall near one-month top against USD on hawkish BoJ talks (www.mitrade.com)

submitted 3 months ago by kunleslan@lemmings.world to c/personalfinance@lemmy.ml

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■ The Japanese Yen continues to draw support from expectations for a hawkish BoJ pivot.

■ Bets for a June Fed rate cut undermine the USD and further exert pressure on USD/JPY.

■ An upward revision of Japan’s Q4 GDP print contributes to the offered tone on Monday.

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this post was submitted on 11 Mar 2024

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