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'FX Vigilantes' Strike - Yen Suddenly Crashes To April 1990 Lows Against The Dollar The yen crashed in early Asia trading, tumbling to match is exact lows… ....
Yen falls on BoJ inaction, focus on US PCE inflation financialmirror.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialmirror.com Daily Mail and Mail on Sunday newspapers.
The Bank Of Japan's New Path Ahead menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
Global financial markets are bracing for potential upheaval as geopolitical strains drive gold to new record while oil prices surge. This surge, alongside the rally in metals like Copper, ignites concerns over an inflation comeback. Such inflationary pressures, combined with a revival in manufacturing and service sectors, could deter major central banks from implementing significant monetary easing through the year. The markets' nervous response is evident in the stark pullback of stock indices, though a major reversal remains pending confirmation. ....
The Japanese Yen (JPY) is the best performing major after the Bank of Japan (BoJ) board member Hajime Takata sent a strong signal for ending the negative interest rate policy. ....