Japanese Yen Recovery Hinges On Faster BoJ Normalization, OCBC Says

Japanese Yen Recovery Hinges On Faster BoJ Normalization, OCBC Says

BitcoinWorld Japanese Yen Recovery Hinges on Faster BoJ Normalization, OCBC Says The Japanese yen’s recovery from multi-decade lows depends on the Bank of Japan accelerating its monetary policy normalization, according to OCBC strategists, who see limited room for intervention-driven gains without fundamental policy shifts. Why the Yen Remains Under Pressure The yen has stayed weak against the US dollar and other major currencies despite occasi…