The shift in expectations comes amid concerns that the Japanese government may face political risks if it is perceived by Washington as allowing the yen to weaken unchecked. With inflation proving more persistent, policymakers may feel increased pressure to tighten monetary policy sooner to stabilize the currency and manage economic risks. The BOJ’s approach will remain closely watched as it navigates inflation concerns and external geopolitical considerations.
USD/JPY up
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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