Bank of Japan May Raise Rates Higher Than Expected, Says Pimco on Nostr: Japanese Yen Hits 34-Year Low Against US Dollar Amidst Inflation Concerns ...
Japanese Yen Hits 34-Year Low Against US Dollar Amidst Inflation Concerns
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#9654910e ver:0.28
The Japanese Yen hits a 34-year low against the US Dollar due to the Dollar's strength and postponed rate cuts. The Yen's weakness may undermine Chinese manufacturers and has consequences for Japan's export-driven economy. The Bank of Japan's low interest rates make the Yen attractive for carry trades. Intervention may be necessary to stabilize the Yen. The Yen's depreciation affects currency exchange rates and global trade. #JapaneseYen #USdollar #inflation #economy...
#newstr #JapaneseYen #UsDollar #InflationConcerns #ExchangeRates #BankOfJapan #InterestRates
https://here.news/story/9654910e?ver=0.28
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#9654910e ver:0.28
The Japanese Yen hits a 34-year low against the US Dollar due to the Dollar's strength and postponed rate cuts. The Yen's weakness may undermine Chinese manufacturers and has consequences for Japan's export-driven economy. The Bank of Japan's low interest rates make the Yen attractive for carry trades. Intervention may be necessary to stabilize the Yen. The Yen's depreciation affects currency exchange rates and global trade. #JapaneseYen #USdollar #inflation #economy...
#newstr #JapaneseYen #UsDollar #InflationConcerns #ExchangeRates #BankOfJapan #InterestRates
https://here.news/story/9654910e?ver=0.28