bearish
Global FX & Economics: Not safe yet
SUMMARY
- The yen has been the worst performing currency this year, but has been trading in a tight range around 150 against the dollar.
- Recent developments suggest the Bank of Japan may make policy changes in March or April, possibly exiting negative rates.
- Market may be getting ahead of itself with expectations for a hawkish shift from the BOJ, potentially leading to short-lived movements in the dollar-yen pair.
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.
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