Stay long on the yen amid rate hikes, improving growth- BCA, a bold statement from a prominent financial institution, ignites a conversation about the Japanese yen’s future. This outlook challenges the conventional wisdom surrounding the yen’s recent weakness, suggesting a potential shift in the market’s perception. As the world navigates …
Read More »Asia FX Rises, Dollar Weakened by Rate Cut, Yen Firm as BOJ Holds Course
Asia FX rises as rate cut dents dollar; yen firms as BOJ holds course – Asia FX Rises, Dollar Weakened by Rate Cut, Yen Firm as BOJ Holds Course: The global financial landscape shifted dramatically this week as the US Federal Reserve implemented a rate cut, sending the dollar tumbling …
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