Yen: BOJ rate hike expectations support USD/JPY — MUFG
MUFG says JGB yields rose despite weaker-than-expected GDP, as markets focus on the prospect of further BOJ rate hikes. September hike pricing remains elevated and has not been…
MUFG says JGB yields rose despite weaker-than-expected GDP, as markets focus on the prospect of further BOJ rate hikes. September hike pricing remains elevated and has not been pushed back by officials, and with soft U.S. data, this should help contain renewed yen selling in the near term.
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