Yen recovery gathers momentum as BoJ turns hawkish and NFP looms
The Japanese yen has started September on a markedly stronger footing, with the USD/JPY falling sharply as traders reassess the outlook for Bank of Japan monetary policy and the possibility of further official action to support the currency.
The Japanese yen has started September on a markedly stronger footing, with the USD/JPY falling sharply as traders reassess the outlook for Bank of Japan monetary policy and the possibility of further official action to support the currency.
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