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Japanese Yen: Range-bound with upside hedge potential against US Dollar – BBH

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Japanese Yen: Range-bound with upside hedge potential against US Dollar – BBH

Brown Brothers Harriman’s Elias Haddad highlights USD/JPY trading heavy near 157.30 after a hawkish hold from the Bank of Japan (BoJ). The BoJ kept rates unchanged but signaled ongoing tightening, upgraded its inflation outlook and sees upside inflation risks.

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