the US Dollar (USD) rises sharply against the Japanese Yen (JPY) following last week’s Bank of Japan’s (BoJ) decision to hold rates unchanged while de
despite the latest inflation reports, which suggest inflation is above the bank’s goal of 2%. Still, BoJ policymakers question if it would be sustainable for a more extended period.
In the meantime, threats of intervention continue, as the Japanese Prime Minister said that excessive forex moves are undesirable and that authorities would continue to monitor Forex moves closely with a sense of urgency.
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