I posted this from the Nikkei earlier, a reminder as we await the opening of Japanese markets for the week.
Bank of Japan info comes via Japanese media, Nikkei (gated):
At the margin higher Bank of Japan rates are supportive for yen. The prospect of higher rates in Japan sent the yen higher in July/Aug/Sep 2024 and violently unwound some yen carry trade, impacting global markets.
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about icymi bank of japan has boosted its provisions for jgb losses braced for higher rates was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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