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Japanese Yen: Weakness against US Dollar to persist despite hawkish BoJ – ING

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Japanese Yen: Weakness against US Dollar to persist despite hawkish BoJ – ING

ING’s Chris Turner reports that the Bank of Japan (BoJ) left rates at 1.25% while acknowledging its 2% inflation target has been met and highlighting upside price risks from energy, AI demand and a weak Japanese Yen (JPY).

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