The Japanese yen is an early contender for the most interesting major currency in 2024 ...Middle East

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The Japanese yen is an early contender for the most interesting major currency in 2024
When Haruhiko Kuroda resigned from his post as Bank of Japan governor in April this year, he laid the groundwork for his successor, Kazuo Ueda, to try and make a change on the policy front. His departing words were that "Japan has made steady progress towards achieving its 2% inflation target".While those words are now commonplace, they were not for many years as the Japanese economy battled against deflation. And when Kuroda made such comments, it got markets excited into thinking that change is afoot at the Bank of Japan.But as we have come to know about Ueda's tenure so far, it has been nothing but disappointment for yen bulls in each and every important juncture this year. That saw USD/J

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