Fed Cut Will Strengthen JPY

🇯🇵 🇯🇵 Fed Rate Cut Will Strengthen JPY: Currency market traders are waiting for the Fed to move. A US rate cut is widely anticipated this year, and a standard move of a quarter of a percentage point down would be bigger than the 0.15-percentage-point hike that markets expect from the BOJ. All things being equal, looser US policy should weaken the dollar and boost the yen

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