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The Japanese Yen has been strengthened by expectations that the Bank of Japan could tighten its ultra-loose monetary policy. However, these may have been premature
The US Dollar remained higher for the day against the Japanese Yen despite some disturbing weakness in the data
The latest UK inflation figures may have printed a seventeen-month low, but prices aren’t coming down as fast as in other, comparable economies
A holiday thinned European FX market clearly decided that the Euro had suffered enough for the moment
EUR/USD benefitted from a widening view that 2023 won’t see any more action from the Fed