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USD/JPY Outlook: Yen Loses Ground Ahead of BoJ Statement
Source: Buzz FX / 25 Apr 2024 09:26:19 America/Chicago
- Markets expect the Bank of Japan to maintain rates tomorrow.
- The yen will remain weak if Japan maintains its gradual rate hike outlook.
- As the USD/JPY pair continues to climb, the risk of intervention grows.
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