USD/JPY: Japanese Yen Surges on Signals that BoJ is About to Exit Ultra-Loose Policy

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<p>USDJPY accelerated lower (down 1.4% in Asian/early European session) on Thursday, driven by growing market expectations that the Bank of Japan will soon start exiting its long lasting ultra-low monetary policy, which strongly boosts demand for yen. On the other hand, the US Federal Reserve is likely done with tightening and markets speculate that the […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/530699-usd-jpy-japanese-yen-surges-on-signals-that-boj-is-about-to-exit-ultra-loose-policy/">USD/JPY: Japanese Yen Surges on Signals that BoJ is About to Exit Ultra-Loose Policy</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>