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Yen’s Appreciation Potential May Be Running Out - ActionForex
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Yen’s Appreciation Potential May Be Running Out - ActionForex
Markets price in around 45 basis points of BoJ tightening by year-end. The policy rate is expected to approach the neutral level of 2% within twelve months. A 50-basis-point September hike and back-to-back increases remain unlikely. Potential changes to GPIF’s asset allocation have also supported the yen. The 155 area may act as key support […]
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