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Back Fundamental analysis
What explains yen's lack of reaction to significant announcements
The Japanese yen continues to gradually
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The Japanese yen continues to gradually lose ground against the US dollar, even in light of the differing monetary policies anticipated from central banks in the near future. This indicates that the expected interest rate hike from the Bank of Japan is already factored into the yen's value, and much will depend on new forecasts. However, it is becoming increasingly clear that the long battle against deflation in the country, which has persisted for decades, is nearly over. Today, Bank of
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Jakub Novak,
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