Recession fears and BoJ rate hike expectations sent USD/JPY tumbling 1.71% last week, falling to the lowest level since the 2024 Yen carry trade unwind. The pair briefly climbed to a high of 151. ...
BOJ Policy Board members agreed on the continuation at their monetary policy meeting on June 16 although inflation has been exceeding the central bank’s 2 percent target for some time.
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