FXStreet · 1 min read

Japanese Yen: JPY surge on BoJ signals – Commerzbank

Japanese Yen: JPY surge on BoJ signals – Commerzbank

Commerzbank’s Charlie Lay and Dr. Henry Hao highlight a sharp rebound in the Japanese Yen, with USD/JPY dropping around 150 pips as markets react to increasingly hawkish Bank of Japan guidance and intervention speculation.

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