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Dollar Slips below 150 Yen for 1st Time in 2 Months

Summary by 読売新聞オンライン
Tokyo, Feb. 20 (Jiji Press)—The dollar briefly fell below ¥150 for the first time in about two months in Tokyo trading Thursday, reflecting a wave of yen buying on speculation of an early interest rate hike by the Bank of Japan.

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読売新聞オンライン読売新聞オンライン

Dollar Slips below 150 Yen for 1st Time in 2 Months

Tokyo, Feb. 20 (Jiji Press)—The dollar briefly fell below ¥150 for the first time in about two months in Tokyo trading Thursday, reflecting a wave of yen buying on speculation of an early interest rate hike by the Bank of Japan.

·Japan
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Action ForexAction Forex

USD/JPY Drops Below 150, Japan CPI to Decide Next Move - Action Forex

Yen continues to dominate the relatively quiet forex markets today, with USD/JPY slipping below the key 150 psychological. The move is largely fueled by rising speculation that BoJ may tighten policy again sooner than expected, a sentiment that's also reflected in 10-year JGB yield's rally to another 15-year high. While the base case for BoJ’s next rate hike remains in the second half of the year, traders are increasingly betting on an earlier m…

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読売新聞オンライン broke the news in Japan on Thursday, February 20, 2025.
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