Yen on Defensive Despite Hawkish BOJ Expectations
USD/JPY continued its sideways consolidation below the psychological 160.00 level on Tuesday, with the dollar struggling to gain traction. The pair is currently trading at 159.59064, and despite…
USD/JPY continued its sideways consolidation below the psychological 160.00 level on Tuesday, with the dollar struggling to gain traction. The pair is currently trading at 159.59064, and despite market expectations of a hawkish stance from the Bank of Japan, the yen remains on the defensive.
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