The Japanese Yen stalls its intraday retracement slide from over a one-week high against the rebounding US Dollar amid a combination of supporting factors. Despite reports that the Bank of Japan (BoJ) will keep the benchmark rate steady at 0.5% at its upcoming meeting next week, traders seem convinced that the central bank will stick to the path toward policy normalization amid the broadening inflation.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.