Sharp drop for yen

Apr 29, 2022 | Currency, Economy, Money Market

29.4.22 The main story over the past 24 hours has been the sharp weakening in the JPY, with USD/JPY blowing through 130 overnight after the BoJ stood firm on its commitment to cap Japanese rates under its Yield Curve Control policy, says BNZ Markets “The USD has continued its recent strong run, with the DXY […]

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Sharp drop for yen

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