Yen Pullback Persists as Sterling and Dollar Gain Ahead of Crucial Events

<p><img width="612" height="459" src="https://www.actionforex.com/wp-content/uploads/2020/03/f-jpy126.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2020/03/f-jpy126.jpg 612w, https://www.actionforex.com/wp-content/uploads/2020/03/f-jpy126-600×450.jpg 600w, https://www.actionforex.com/wp-content/uploads/2020/03/f-jpy126-80×60.jpg 80w, https://www.actionforex.com/wp-content/uploads/2020/03/f-jpy126-265×198.jpg 265w, https://www.actionforex.com/wp-content/uploads/2020/03/f-jpy126-560×420.jpg 560w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Yen&#8217;s near-term pullback has notably accelerated today. Some reports surfaced suggesting that the BoJ is not poised to abandon its negative rate policy anytime soon, with the earliest potential shift expected no sooner than April meeting. This stance isn&#8217;t fundamentally new, as BoJ has consistently indicated that it requires time to assess Spring&#8217;s wage negotiations [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/531214-yen-pullback-persists-as-sterling-and-dollar-gain-ahead-of-crucial-events/">Yen Pullback Persists as Sterling and Dollar Gain Ahead of Crucial Events</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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