Yen Outperforms G10 Peers as BoJ Hike Bets Build, USD/JPY Near 155.65

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โดย Scotiabank·JP·Read original
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The Japanese Yen is outperforming its G10 peers as markets price in a Bank of Japan rate hike, with USD/JPY trading near 155.65, according to Scotiabank strategists Shaun Osborne and Eric Theoret. The strategists point to elevated domestic risk around upcoming CPI and policy decisions as the backdrop for the currency's strength. The BoJ tightening expectations are the central driver lifting the Yen against the US Dollar.

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