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Yen Strength Amid Market Tumult to Keep BOJ Target Out of Reach
Find out what retail foreign exchange traders make of the Japanese Yen’s chances right now at the DailyFX Sentiment Page The Japanese Yen has played its customary haven role as the financial world frets US-China trade war and bond-market soothsayers seeglobal recession in the yield curve. Could Yen strengthnow be a headache too far for the Bank of Japan? The currency has been the closest thing to a fixed point markets get in a shifting and volatile post-crisis landscape. That’s because it is perhaps uniquely immune to economic developments in its home country for one very clear reason; they have no bearing at ... (full story)