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:0.26
The Japanese Yen has hit a 34-year low against the US Dollar, reaching 160 Yen per Dollar. This is due to the strength of the Dollar and postponed expectations for Federal Reserve rate cuts. The Yen's weakness may undermine Chinese manufacturers and has consequences for Japan's export-driven economy. The Bank of Japan is discussing interest rates, with potential intervention to stabilize the Yen. The Yen's depreciation affects currency exchange rates and global trade. #JapaneseYen #USdollar #inflation #carrytrades #globaltrade...
#newstr #JapaneseYen #UsDollar #Inflation #CarryTrades #BankOfJapan
https://here.news/story/9654910e?ver=0.26
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#9654910e ver:0.26
The Japanese Yen has hit a 34-year low against the US Dollar, reaching 160 Yen per Dollar. This is due to the strength of the Dollar and postponed expectations for Federal Reserve rate cuts. The Yen's weakness may undermine Chinese manufacturers and has consequences for Japan's export-driven economy. The Bank of Japan is discussing interest rates, with potential intervention to stabilize the Yen. The Yen's depreciation affects currency exchange rates and global trade. #JapaneseYen #USdollar #inflation #carrytrades #globaltrade...
#newstr #JapaneseYen #UsDollar #Inflation #CarryTrades #BankOfJapan
https://here.news/story/9654910e?ver=0.26