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USD/JPY Outlook: BoJ to Abandon YCC in 2023 amid Inflation

Started by forex4you, Dec 08, 2022, 03:06 am

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Dec 08, 2022, 03:06 am
USD/JPY Outlook: BoJ to Abandon YCC in 2023 amid Inflation

The dollar rose after solid US services data. The Bank of Japan (BOJ) may ditch its 10-year bond yield cap as soon as next year. The BoJ will likely continue its ultra-loose monetary policy for the time being. Today’s USD/JPY outlook is bullish. Tuesday saw the US dollar maintain its strength against key rivals after … Continued


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