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Ishihara: Expect Japan Rate Hikes in January
1734601895 from BLOOMBERG
The Bank of Japan held rates as expected. Hiromi Ishihara, Head of Equity Investment at Amundi Japan told Bloomberg's Chief Africa Correspondent Jennifer Zabasajja on Horizons Middle East and Africa that although it was no surprise that the rate was left unchanged in December but the BoJ is on track to hike as early as January next year. (Source: Bloomberg)
USD/JPY Price Forecast: Post-BoJ surge back closer to multi-month top favors bulls
1734595442 from fxstreet
The USD/JPY pair surged past mid-156.00s, back closer to a multi-month peak touched in November after the Bank of Japan (BoJ) decided to keep interest rates unchanged in a nearly unanimous vote on Thursday.
Japanese Yen bears turn cautious; look to FOMC/BoJ meetings before placing fresh bets
1734401263 from FXStreet
The Japanese Yen (JPY) remains on the back foot against its American counterpart during the Asian session on Tuesday amid the growing conviction that the Bank of Japan (BoJ) is likely to keep interest rates unchanged this week.
Yen’s Slide Brings It Near Closely Watched 155 Level Before BOJ
1734401013 from BLOOMBERG
The yen’s rapid decline in the past week toward 155 against the dollar has strategists warning that further weakness may trigger verbal intervention from authorities and add pressure on the Bank of Japan to hike interest rates.
Dollar Firms on Euro and Yen Weakness
1734369677 from NASDAQ
The dollar index (DXY00 ) today is up by +0.06%. The dollar today recovered from early losses and is slightly higher on weakness in the euro and yen. The dollar today initially posted modest losses due to a decline in T-note yields. Also, strength in stocks today has curbed liquidity...