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club Felene

USD/JPY Price Analysis: Yen Rallies Amid Potential BoJ Rate Hike

by Forex Crunch
February 5, 2025
in Forex Analysis
Reading Time: 1 min read

Data revealed solid wage growth in Japan in December. Market participants are pricing 30-bps of BoJ rate hikes by the end of this year. The yen strengthened due to safe-haven demand amid fears of a trade war between the US and China. The USD/JPY price analysis shows a strong yen with rising expectations for Bank…
The post USD/JPY Price Analysis: Yen Rallies Amid Potential BoJ Rate Hike appeared first on Forex Crunch.
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