ONTRADE Forex

BoJ just hiked and US-Iran deal is on the table: Why Japanese Yen is still below 160.00

BoJ just hiked and US-Iran deal is on the table: Why Japanese Yen is still below 160.00
The Bank of Japan lifted interest rates from 0.75% to 1.00%, its highest level in more than three decades. The landmark move aims to stabilize a sharply weakening Japanese Yen, but by looking at the immediate market reaction, it doesn’t look like it’s going to work. The Japanese Yen’s 160.00 battle

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