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Back Fundamental analysis
Yen Continues to Show Growth
The Japanese yen rose against the
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The Japanese yen rose against the dollar after rumors circulated that officials at the Bank of Japan are ready to raise interest rates this month.It is expected that next week, the BOJ will also announce its intention to continue raising rates if its economic forecasts are realized, while exercising caution about how much it will ultimately raise rates.Such expectations are fueled by domestic pressure to combat inflation, strengthen the national currency, and stimulate sustainable economic growth. A stronger yen may
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Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Pavel Vlasov
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